Reply to thread

Message

<blockquote data-quote="bacha29" data-source="post: 5382549" data-attributes="member: 58386">Two facts remain. First, FXG contracting is no longer an investable venture. Right now you could buy a simple utility stock with your money and come away with more to show for it. Better off investing in a dump truck and a backhoe. This way you&#039;ll always have work. Secondly, where once FXG turned off 18% operating margins on a nearly sure bet annual basis it&#039;s now down in the 8% range and looking to go lower. The question therefore is how long will the board including the 3 new directors continue to stand around&nbsp; watching the contingency leeches bleed the OPCO and their share value until they demand a solution? And rest assured they&#039;re not going to care what form the solution takes or you gets hurt in the process.It would appear that Johnny Dollar Sign doesn&#039;t realize that what he&#039;s the head off is without question the poorest setup in the history of wheeled transportation. In addition both he and the entire OPCO has never shown the proper respect to the people that he and his company have asked to invest their own hard earned money in. Yet here he is cuffing around and slapping around the few remaining contractors at a time when he desperately needs new money and new people willing to invest in an investment vehicle that hasn&#039;t been investable for at least the last 2 years. And now with the economy teetering on a recession, the cost of borrowed money quickly rising, the federal support in the form of tax credits and COVID coming to an end and more contractors cutting their losses and leaving all I can say is ,&quot; Good luck Johnny Dollar Sign. Just remember, you wanted in there badly enough&quot;.</blockquote>

[QUOTE="bacha29, post: 5382549, member: 58386"] Two facts remain. First, FXG contracting is no longer an investable venture. Right now you could buy a simple utility stock with your money and come away with more to show for it. Better off investing in a dump truck and a backhoe. This way you'll always have work. Secondly, where once FXG turned off 18% operating margins on a nearly sure bet annual basis it's now down in the 8% range and looking to go lower. The question therefore is how long will the board including the 3 new directors continue to stand around watching the contingency leeches bleed the OPCO and their share value until they demand a solution? And rest assured they're not going to care what form the solution takes or you gets hurt in the process. It would appear that Johnny Dollar Sign doesn't realize that what he's the head off is without question the poorest setup in the history of wheeled transportation. In addition both he and the entire OPCO has never shown the proper respect to the people that he and his company have asked to invest their own hard earned money in. Yet here he is cuffing around and slapping around the few remaining contractors at a time when he desperately needs new money and new people willing to invest in an investment vehicle that hasn't been investable for at least the last 2 years. And now with the economy teetering on a recession, the cost of borrowed money quickly rising, the federal support in the form of tax credits and COVID coming to an end and more contractors cutting their losses and leaving all I can say is ," Good luck Johnny Dollar Sign. Just remember, you wanted in there badly enough". [/QUOTE]

Verification