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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Comment by 2Greyingon Nov 24, 2014 9:22pm

RE:why Brookfield will keep the golden goose alive

Brookfield may have other ideas...just speculating. Sorry to burst your bubble but Armtec is insolvent. 2015 will be a turning point...hopefully they develop a plan to restructure otherwise no hope ...more

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Discussion

Comment by Thethruthhurtson Nov 24, 2014 12:21pm

RE:Survival

great insight...solid points.

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Post by mingzhuon Nov 24, 2014 10:18am

why Brookfield will keep the golden goose alive

In very low interest environment, Brookfield get money easily to lend it to ARF. Even though ARF has 17 million of liabilities more than assets, it become less than last year of 20 m. In 2011 ...more

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Discussion

Post by woolwichon Nov 23, 2014 2:11pm

Survival

Finance charges now running at approximately $150,000 per business day and accounts payables have ballooned against a backdrop of cheques written with no cash to cover (see 30 Sept. financials). ...more

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Discussion

Comment by 2Greyingon Nov 21, 2014 10:53am

RE:RE:RE:scocial bank recent report

Thanks. Yes I agree... a new plan is required. I am not sure if the current management has the foresight and capability to develop the plan and execute. Brookfield and perhaps major shareholders need ...more

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Discussion

Comment by Thethruthhurtson Nov 20, 2014 11:55am

RE:RE:scocial bank recent report

Great advice and well expressed clear thoughts. The problem is Armtec senior management has no plan and hasn't had one for years. The rolled out the vision for 2015 two years ago. Well 2015 is a ...more

221

Discussion

Comment by 2Greyingon Nov 19, 2014 3:54pm

RE:scocial bank recent report

Lots of numbers but really the bottom line is the company is insolvent (shares worthless). They need to "do something" to give themselves a chance....doing little or nothing is not an option ...more

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Discussion

Post by mingzhuon Nov 19, 2014 3:37pm

scocial bank recent report

Two important things in this report: cash flow 0.04 for 2014, but 0.79 for 2015 ebitda : 31 m in 2014, 50 million in 2015 Armtec Infrastructure Inc. Special Situations (ARF-T ...more

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Discussion

Post by mingzhuon Nov 19, 2014 10:17am

trading ARF

I traded ARF three times since it fell from $25. Each time I made money. One time was when it was at 0.70s on the verge of bankcruptcy, suddently rescuded by Brookfield. Strangely there was no ...more

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Comment by 2Greyingon Nov 17, 2014 6:04pm

RE:Where's the Board?

Writing is on the wall now....Brookfield is in charge. They could sell (at least try) some assets but if Brookfield takes all the sale proceeds then the company is doomed. Expect directors, management ...more

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Discussion

Post by woolwichon Nov 17, 2014 4:39pm

Where's the Board?

Some good discussion on this board re. sorry state of affairs at Armtec. Missing are ongoing questions or concerns about the action or inaction of the six remaining company directors. Why ...more

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Discussion

Comment by 2Greyingon Nov 14, 2014 4:44pm

RE:RE:RE:very positive numbers in q3

Using EBIDA for this company is misleading. That is what managements is "hanging their hat on" to their own peril. Adding back interest on a debt ridden company just masks the problem. They ...more

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Comment by mingzhuon Nov 14, 2014 11:57am

RE:RE:very positive numbers in q3

yes, i made mistake about nine month EBITDA. Nine month EBItDA should be 20 million in3 qtrs. If guideline of 30m is real . we are going to have 10 m in q4. q3 EBITDA was 16 M, pe was 014 ...more

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Discussion

Post by Thethruthhurtson Nov 14, 2014 10:30am

More spin.....

I feel like I'm watching the part in the Wizard of Oz when fantasy and reality merge. The travelers look behind the curtain and reveal the true nature of the befuddled operator of the "wizard ...more

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Comment by BearBullBrianon Nov 13, 2014 5:02pm

RE:Another Poor Q.

All the people they sell to know they are in deep do-do, so they stick it to them on price and they have no choice but to take it. This stock became a lottery ticket a long time ago. BBB

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Discussion

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