Foster Wheeler Ltd. (NASDAQ:FWLT)

CAPS Rating: 4 out of 5

The Company provides engineering and construction services to the oil and gas, oil refining, chemical/petrochemical, pharmaceutical, environmental, power generation, and power plant operation and maintenance sectors worldwide.

Recs

2
Player Avatar hpholtho (< 20) Submitted: 8/30/2010 3:47:31 PM : Underperform Start Price: $21.02 FWLT Score: +40.23

Past experience with the company show the inability to properly work with clients. Any gains are most likely one time. After that the client will not return. Never saw the expertise this company claims to have.

Member Avatar btukwh (30.16) Submitted: 9/7/2010 3:01:06 PM
Recs: 0

Hey, you have worked with Foster Wheeler! I've had the same experience at a couple of different sites. They make the worst low NOx coal burner in the business.

I once spent an hour walking down a unit for troubleshooting with a FWLT service engineer. When we got done he gives me a blank look and says "Well, what do you think?".

They remind me a little of GE.

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