- Energy infrastructure company Goldfield’s shares have slumped this year, and they are now cheap.
- The main worry is the margin development. Management believes gross margin can return to the historical 20%, but it was also citing rising labor cost and increasing competition.
- How much of the latter seemingly more structural factors are at play isn’t really clear.
Goldfield Is Cheap, If Margins Recover
December 13th, 2018 · No Comments