Global engineering construction firm. Tends to be a bit more volatile. A lot of their growth they are seeing right now is in petrochemical and energy. This is probably why it has pulled back. They are global and are seeing a lot more companies wanting them to come in and do an assessment and study and then actually build a project out. You could either start picking away at it or wait until the market stabilizes.
Global engineering construction firm. Tends to be a bit more volatile. A lot of their growth they are seeing right now is in petrochemical and energy. This is probably why it has pulled back. They are global and are seeing a lot more companies wanting them to come in and do an assessment and study and then actually build a project out. You could either start picking away at it or wait until the market stabilizes.
Is generally in favour of engineering stocks because the world is way behind on infrastructure. Prefers SNC-T as the stock turns around.
Favourite in the Cap-X space. Thinks there will be a recovery in the space. If you like the market longer term it is a buy. It is a buy after this pullback.
Likes this very much. He sees this going forward although there may be a bit of a pullback. Would look for a 5% pull back.
One of the largest US engineering and construction companies. 65% of the backlog is not in the US. Great return on equities and great return on assets. Strong balance sheet. Yield of 1.1%.
Global engineering construction firm. They have gotten really good order momentum in the oil/gas sector and petrochemical sector. Very well diversified geographically. We are seeing petrochemical plants being built in the US, and they are getting a lot of these contracts. Their backlog is over $40 billion so there is good earnings visibility. Yield of 1.12%.
Global engineering construction firm. They have gotten really good order momentum in the oil/gas sector and petrochemical sector. Very well diversified geographically. We are seeing petrochemical plants being built in the US, and they are getting a lot of these contracts. Their backlog is over $40 billion so there is good earnings visibility. Yield of 1.12%.
A global engineering construction firm. Seeing very good momentum in their oil/gas sector. In the 1st and last quarter, they recorded record awards of over $10 billion of which $8 billion was in oil and gas. Ended the quarter with a very strong backlog of $40 billion. Their run rate of revenues is around 25. 65% of their backlog is outside of the US so it is very global. Seeing a lot of projects in the Far East and are also involved in a lot of LNG projects. Yield of 1.12%.
A global engineering construction firm. Seeing very good momentum in their oil/gas sector. In the 1st and last quarter, they recorded record awards of over $10 billion of which $8 billion was in oil and gas. Ended the quarter with a very strong backlog of $40 billion. Their run rate of revenues is around 25. 65% of their backlog is outside of the US so it is very global. Seeing a lot of projects in the Far East and are also involved in a lot of LNG projects. Yield of 1.12%.
World wide engineering company, probably the biggest in the world. He would take money out of Fluor and put it into SNC-Lavalin Group. He feels that all the negative press SNC has been having is actually old news, and it's pushing the stock down past where it should be. Has a lot of confidence in the new management.
World wide engineering company, probably the biggest in the world. He would take money out of Fluor and put it into SNC-Lavalin Group. He feels that all the negative press SNC has been having is actually old news, and it's pushing the stock down past where it should be. Has a lot of confidence in the new management.
You can pick this up on weakness and see it trade up to the mid to high teens. Margins are much better on their energy and infrastructure projects. The book to bill ratio dropped close to 1 and so is weaker right now, but the overall trajectory is positive.