I really like your thinking Philip...

Am fairly scared too seeing how its share price have dropped quite a bit last month. I did average down a few times. The current steel prices + regulated cement prices may benefit existing contractors especially those with order books. I found this company through Philip's post but I don't blame him for my paper loss right now. In fact, I agree with a lot of his points (Many thanks Philip!). I also think that the high cash holding will benefit contractors like GKent. In buying this company's shares, I feel that we are focusing too much on LRT3. There's other thing to consider like; potential railroads contracts, water infrastructure, metering etc... Anyway, its my 2cents and I do encourage discussions! Cheers!