Did you ask the CEO what is the term of the problem contracts?
Obviously they are booking only the losses attributable to this year. What about the losses attributable to next year and the year after? A contract is a contract is it not - if the problems are in the cost estimates made by Clough, then they will have to wear the brunt of it until the contract is complete?
They may have a large order book but you now have to wonder about the quality of it.
acturtle
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