I think as some directors of EWI have taken positions in SWW and that Jamaica is not in the Asia Pacific region.
We should be careful in presuming that every project EWI bid for will automatically be forwarded to EWC.
And personally as the Asian Pacific region is the growth region, I'm pleased that this is the case.
Secondly to be fair,
I think we should divide EWC projects into two categories, 1 Power station projects not all ontime , as you would expect when dealing with large projects but get done with profit margins proven and revenues undeniable.
And 2 LNG projects with hugh upside but delivery while promising not proven.
And IMO , this is mainly the fault of the red tape put in their way .
EWC Price at posting:
41.5¢ Sentiment: Hold Disclosure: Held