Flash Construction Inc. (FCI)
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| Price | $13.96 |
| Volatility | |
| 1-year annual return | 40.3% |
| 2-year annual return | 29% |
| 5-year annual return | 11.6% |
| Annual return since inception | 5.8% |
| Sector | Industrial Goods |
| Industry | Heavy Construction |
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Company Description
Flash Construction is a Canadian private and public sector construction company specializing in large industrial facilities. the company also owns and operates small portfolio of real estate properties, mostly shopping centers. it also has of road construction division, which handles the constructions of most highways in Western Canada.
The company has long denied allegations of involvement with the Sicilian Mafia. Wacko conspiracy theorists swear that the company is a front for money laundering, and that its smuggles illicit narcotics in its construction materials.
The company's earnings typically fluctuate depending on the number of contracts it is awarded. It reeks in the profits when it has many contracts, while clients dry up when the economy turns sour.
Company News
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New Construction Contract Awarded
Flash Construction has won a government contract valued at $106 million to renovate crumbling office buildings.
Stock price reaction: ▲49%