MVCO
Didn't notice any posts this a.m. on the MVCO news. MVCO will realize approx. $2.2 million of gains in the 3rd quarter due to finalization of an arbitration award in favor of MVCO. That is about $.48/share for Q3, in addition to about $.11/share that will be realized in Q2, which should be announced this week. Company should have strong earnings for Q2 and Q3 without the special items, and significant growth in backlog has already been documented with news realeases on contract awards. This company could really grow over the next year, especially if it decides to venture into the California highway construction market, which really is very similar and next door to the Nevada and Arizona primary markets it serves. Company is undervalued compared to other construction firms.
Tmcal
