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Re: abh3vt post# 113192

Friday, 05/24/2024 10:56:46 AM

Friday, May 24, 2024 10:56:46 AM

Post# of 117083
NOA

I brought in the 19.70's yesterday. here is what I like.

This construction services play seems quite cheap here With guidance of about $3.10-3.47 US based on current exchnge rates. If they hit guidnace we are gonna have some great looking comps in the coming quarter which I think can get the stock to say a 8 pe at minimum with possibly a 10 PE as being very realistic. Given about $3.30, that give us about $26 as a target conservatively, with as highas the low 30's as a very possible expectation as well. These numbers will show strong growth over last year which is a plus. The company also generates a lot of FCF which is always a plus.

I also agree that I believe $19 should be strong support, so hard to see much downside here, and I think it is very likely it retest the 52 week highs, with a strong possibility of exceeding them if the company hits there guidance which will mean they should have very positive comps going foward. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
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