The recovery in the construction industry still doesn’t look very rapid or promising. Furthermore, new customers established in the future will only start needing Adminco’s (Admincon) software after they have stabilized their operations, meaning all this potential future growth will be reflected in the results with a delay. Is there enough initial growth potential in current customers (if they stay afloat) before new companies become customers with a delay? The stock market, of course, anticipates at least half a year in advance, but I would still estimate there’s a risk of dead money here, perhaps until the end of the year (I currently own shares).
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