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Bullboard - Stock Discussion Forum Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public... see more

TSX:ARE - Post Discussion

Aecon Group Inc > Bodes Well For Sector
View:
Post by Dibah420 on May 15, 2024 8:48am

Bodes Well For Sector

Competition  (SNC) doing well.


  • Segment Adjusted EBIT for LSTK Projects was negative $13.0 million
 
Comment by Dibah420 on May 15, 2024 9:36am
Oops!  Go figure! AtkinsRalis (ATRL.TO) Toronto - Toronto Real Time Price. Currency in CAD Follow 54.64-1.23 (-2.20%) As of 09:34AM EDT. Market open.
Comment by Henrye on May 15, 2024 10:10am
What is going on with the "bird" today, interested as to why it is soaring 
Comment by Dibah420 on May 15, 2024 10:18am
Good Q1?  Their c.c. is on going if you're interested.
Comment by SurfForWealth on May 15, 2024 5:12pm
I hold BDT (Bird) as well as ARE. BDT had another big day (+10.5%) after once again announcing terrific earnings that exceeded expectations. I believe that is 7 Q's in a row that they have beat expectations. Excellent balance sheet, solid growth, steadily improving margins and the stock is still inexpensive despite the steep rise in SP over those 7 Q's.
Comment by Henrye on May 15, 2024 5:41pm
Great answer, I don't own bird , own tons of Aecon and following bird and It's CEO as he is very well known to me and many of us as CEO of Aecon many years ego.  Aecon is so much more valuable then Bird and please don't get fooled by Aecons 17$ fire sale price vs birds share price.  Aecons time is around the corner an $17, 18 or 20$ will be just a memory! No way in the ...more  
Comment by Alexcanada on May 15, 2024 7:16pm
Aecon over 20$ by the end of the year is not far fetch in my book. This represents a potential 18% gain while still enjoying a nice dividend. However I'm very cautious at the moment and prefer to not add to my current Aecon position. Actually, I'm mot adding to any position and selling other stocks.. call me crazy or cheap or whatever but I prefer to have a lot of cash ready to deploy with ...more  
Comment by Henrye on May 15, 2024 7:35pm
Great point of view and your way of thinking is absolutely proper and wise if you feel within you forthcoming taugh economic times as many do, and believe me this does not make you crazy or cheap! It makes you wise and prudent and on side of caution. Don't change your style. I and perhaps some others appear to be risk takers, but not gamblers, with significant amounts of good information and ...more  
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