The PE around 20 is just this year due to the PR the company published and halfed their EPS expectation.

But that is due to the whole sector. Construction still in bad shape and, hey, they are still profitable. If the economy is recovering at that pace we see right now, there will be soon also need for new buildings.

And then we will see such service companies like ARP as little gems.

I am also curious about the analyst conference in November, maybe we get more information there.

Bought first some shares at the dip at 7,65, sold at 7,92 and now got in again at 7.04.

Maybe dropping some 5-10% further but i can bet, within 1-2 years it is in the double digits again