Recovery Story and undervalued, page-4

Hi Onyx, I guess with hindsight they should have taken that up, but that was back when boom times (forgive the pun) existed. This has been a low margin business for some time, and I think the recovery will be associated with continued efforts to lower costs, and then be more competitive with getting new contracts.

Not sure if you can therefore blame Management, but at least their efforts to get debt lower and increase revenues look increasingly optimistic. I don't expect a turnaround story to be revealed in February but confirmation otherwise that the cycle is turning for the better. This is what you want to look for to validate entering the register, or increasing holdings. I am just happing to bottom feed a little at this point, and do not expect any reporting that endangers the SP much from current levels.

Enjoy the ride!!