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Bullboard - Stock Discussion Forum
2242749 Ont Ltd.
AIIFF
Industrials
Engineering & Construction
"2242749 Ontario Ltd is a infrastructure and construction company, combining engineered solutions, relevant advice, dedicated people, products and a national presence with a local focus on exceptional customer service."
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Add To Watchlist
Bullboard (GREY:AIIFF)
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(0)
•••
2Greying
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Post by
2Greying
on Mar 25, 2015 3:46pm
Conference call
I listened to the call after it was held...couldn't do it live. They never asked for questions? Did anyone listen to the live call? Anderson is not acting in the best interest of shareholders
...more
(0)
•••
Thethruthhurts
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Comment by
Thethruthhurts
on Mar 25, 2015 3:43pm
RE:RE:Death of a Dinosaur
Yes you are right! I agree that the old Armtec was a force with great people relationships. Ray Wilcox was a great guy and when he was shown the door the company went down a bad road its never
...more
(0)
•••
busted88
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Comment by
busted88
on Mar 25, 2015 3:26pm
RE:Death of a Dinosaur
For the most part I agree with your assessment. However, I would like to add that prior to the expansion, back when the stock was at +$20, Armtec was a lean, mean, money making machine. It was a well
...more
(0)
•••
llennn
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Post by
llennn
on Mar 25, 2015 2:37pm
Practical Company
This is a basic company, it all runs down from wall protection, septic and drainage this is very basic Econ
(0)
•••
Thethruthhurts
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Post by
Thethruthhurts
on Mar 25, 2015 1:11pm
Death of a Dinosaur
The fact Armtec can't make money with such a decent sales number speaks to my droning points of the past two years. 1) The company is a dinosaur. "lean manufacturing exists in name only
...more
(0)
•••
llennn
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Comment by
llennn
on Mar 25, 2015 12:11pm
RE:RE:earnings from operations for 2014 would have been $15.1 mill
If this is the case then why is there no bid for DB, it is equal to zero
(7)
•••
HRc60to65
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Comment by
HRc60to65
on Mar 25, 2015 8:54am
RE:earnings from operations for 2014 would have been $15.1 mill
Arf problem is account receivable at 155M$ including unbill revenue of 53.5M$. It is where the profit is hide. Expenses are charge, but income is not shown in the operating profit, but included in the
...more
(0)
•••
trader35
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Post by
trader35
on Mar 25, 2015 8:24am
Anyone with large quantity of shares PM me
with qty and indicate if its registered in your name or your brokers.
(7)
•••
HRc60to65
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Post by
HRc60to65
on Mar 25, 2015 7:26am
earnings from operations for 2014 would have been $15.1 mill
Excluding the non-cash impairment charge, earnings from operations for 2014 would have been $15.1 million.
(7)
•••
HRc60to65
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Comment by
HRc60to65
on Mar 25, 2015 7:24am
RE:RE:Yr End Earnings
When ARF paids almost 5M$ in fee to get loans warranty and other fee to Brookfield, that cut your margin.
(0)
•••
al182
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Post by
al182
on Mar 25, 2015 7:23am
And they are making one conference call from this...
What a joke from these clown . First question should be :when do you plan to be on court protection?tomorrow or next week?
(0)
•••
llennn
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Comment by
llennn
on Mar 24, 2015 10:28pm
RE:RE:Yr End Earnings
Haha you were almost correct, but it's Blop Corn
(0)
•••
2Greying
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Comment by
2Greying
on Mar 24, 2015 9:38pm
RE:Yr End Earnings
Wow $3.60 loss per share! Gross margin down 3.1% Loss with impairment $86 million. How can you survive with a 15% gross margin....who prices this stuff????? Revenues ok but selling concrete products
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(4)
•••
Electrospiro
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Comment by
Electrospiro
on Mar 24, 2015 9:36pm
RE:Yr End Earnings
Results don't look that bad, better than company with 0.5 mil market capital 'longer-term market fundamentals and Armtec's uniqueness in terms of scale and capabilities remain favourable
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(0)
•••
trader35
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Post by
trader35
on Mar 24, 2015 7:51pm
Yr End Earnings
https://www.armtec.com/news-article/armtec-reports-financial-results-for-the-fourth-quarter-and-full-year-2014/ Surprise Surprise Armtec reviewed the carrying value of its assets as required
...more
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