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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:
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To: richardred who wrote (4471)2/7/2018 1:48:45 PM
From: richardred  Read Replies (2) of 8250
 
RE-MNTX backlog
  • 2017 fourth quarter sales were $64.5 million and backlog as of 12/31/17 was $61.5 million an increase of 22.3% from Q3 2017.
  • Backlog increased to $81.3 million as of January 26, 2018, an increase of 32% versus year-end 2017.
    Message #4471 from richardred at 11/6/2015 11:12:15 AM

    The highway Bill passed. I expect for a good forward sector rotation in companies that will benefit. Take a look at what Astec & Alamo Group did yesterday. I expect cement & aggregates companies to benefit. I own MNTX but I expect it to be a secondary beneficiary to the sector. GENC might be a good pure play to watch. It's on my watch list now. ASTE & ALG already on the list. Take a look at the canal lock by my house its in total disrepair. A good thing to keep on eye on these companies is their backlog.








  • Richard - richardred @rreding1

    $MNTX IMO many #Republicans & #Democrats agree the #roads & #bridges are in disrepair.


    12:50 PM - Nov 5, 2015

    • See Richard - richardred's other Tweets


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