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4,987 Posts.
139
25/11/18
00:03
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I think you need to have have long term stable management with skin in the game.
Which Maca has.
What I want to see them to is to reach stable state in terms of work.
Everything above its natural or normal size is taken at a high margin.
I think I would rather Maca do deals like alliance contracts and other type of work which is won on risk share and higher margin.
The current industry issues will have the industry look inwards at themselves. Review bidding practices.
Maybe invest in buying back shares and technology to improve margins and EPS rather than revenue.
Buying back shares helps improve earnings without taking much risk.
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