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Re: None

Thursday, 06/14/2018 11:21:26 AM

Thursday, June 14, 2018 11:21:26 AM

Post# of 183214
HELPCONN can not even bid on any large tower contracts with just a handful of employees and trucks. They are already stretched too thin servicing $4.4M in current annual work, it currently costs around $1.54M for every $1.1M of work they are doing...a 40% loss margin! Taking on more work will only compound the problem if they can't hire more people or buy more trucks. They also have the hurdle to jump of job history....with no past history of servicing large contracts they will almost certainly lose out to those that have....there will be isolated pockets of crumbs for companies like helpconn to pickup but they will the fringe jobs the big boys don't want.
certainly a long road ahead for profitability of any sort @ helpconn

beware of the pump it will leave you in the dump