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jugs

10/26/16 12:31 PM

#511 RE: kmx_swing #510

Yours is an interesting take; mine is quite different.

Looking back over PRs released regarding MDR's fresh contracts for this current year, I must agree with you---where's all that splendid momentum now? However.....

Take a look at the durational aspect of those contracts awarded in 2015---they cover longer periods of work and, thus, speak to a very sizable backlog. In this business, backlog is just about everything. In a way, backlog plus strong "partners" spell virtually guaranteed income over the specified amount of time.

In this truly challenging period during which bankruptcies are far more common than dramatic successes, I'd say we're on strikingly firm ground. I'm a happy camper for sure.