tag:blogger.com,1999:blog-7294165939647321702.post5247926379516433236..comments2024-03-11T10:31:06.107-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: Global Railway: A Transformed CompanySaj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7294165939647321702.post-49874719357018314842011-05-31T09:13:14.813-04:002011-05-31T09:13:14.813-04:00Here is details of the large contract that GBI is ...Here is details of the large contract that GBI is low bidder on. Award of this would be the catalyst to unlock some of the value here.<br /><br />Metrolink has published the tender prices for the refurbishment contract, showing CADRI as the lowest price. It is now up to CADRI management to complete all the other steps to secure the contract.<br /><br /><br />Formal Tender Responses Details<br /><br />Printed: 30-Mar-2011 07:20<br /><br /><br />Tender Information<br /><br />Tender Number: IT-2010-REM-100<br /><br />Description: PROVISION OF REFURBISHMENT OF BI-LEVEL COMMUTER RAILWAY CARS<br /><br />Closing Date / Time: 29-Mar-2011 00:00<br /><br />Bids Received: 3<br /><br /><br /><br />Vendor Information<br /><br /><br />1. CAD RAILWAY INDUSTRIES LTD. $120,590,647.70<br /><br />2. ONTARIO NORTHLAND TRANSPORTATION COMMISSION. $122,616,185.40<br /><br />3. BOMBARDIER TRANSPORTATION CANADA INC. $124,530,853.64<br /><br /><br />http://www.metrolinx.com/pcs_public/en/TenderResponses/Formal%20Tender%20Responses%20-%20IT-2010-REM-100.pdfAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-69151204729258599682011-04-08T14:39:03.091-04:002011-04-08T14:39:03.091-04:00I think the clues for Global Railway turnaround ar...I think the clues for Global Railway turnaround are in Q4 results. If you read the Q4 MD&A adjusted gross margins, SG&A adjusted for one-time costs this company is quite profitable already and has strong cash flow. Including escrow funds Global has over $1.25 per share in cash and no debt. At current trading levels what is the downside?Anonymousnoreply@blogger.com