SPML Infra's inflection point

If the company clears the stringent S4A, this could be its virtual reincarnation

A remarkable contrarian play is the country’s infrastructure sector.
 
This is why I am sticking my neck out.
 
In the past, whenever infrastructure companies worked for the government, there was always the possibility of a disputed delivery (‘I asked for this, you gave me that’). Each time this transpired, the vendor and customer locked into arbitration for years (often resolution-less).
 
The result: No remuneration for much of the expenses incurred, a need to stay in business by addressing new contracts, the possibility of additional arbitration and borrowing working capital at high costs to plug the revenue gap.