- Good 2021 financial results. GDR revenues shrunk by 90M USD while maintaining the same gross profit of 45M USD. ODR revenues grew by 10.3% and surpassed gross margin expectations.
- Supply chain issues are forcing operators to extend the life of current assets. This will benefit the maintenance and emergency repairs services offered by ODR.
- In the first quarter of 2022, the CEO, CFO, COO and 2 directors continued buying shares.
- Integrating the 2021 results improved the target price by $1 to $22 per share. You are paying for the GDR business and only 60 cents for the ODR business worth $16 per share.
For further details see:
Limbach: Mitigating The Headwinds Of The Supply Chain Issues