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Bullboard - Stock Discussion Forum 2242749 Ont Ltd. AIIFF

"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."

GREY:AIIFF - Post Discussion

2242749 Ont Ltd. > Crickets Chirping
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Post by Thethruthhurts on Dec 05, 2013 9:31am

Crickets Chirping

Its been a month since ARF barked and published the Q3 results. Since then -- nothing but crickets as the stock value continues to drop like a stone. How about a comment? Perhaps someone could take a leadership role here and tell us that there is a plan. Here in lies the problem there is no plan. There is no capital to invest. There is no way out it seems. At this price we should be talking about a take over but the debt service obligations kill that. How low can you go remains to be seen.
Comment by RazorSharp on Dec 05, 2013 10:31am
They do have a plan (2015), however it is not the right one.  There is no doubt that the balance sheet is an anchor and does not allow any freedom to move.  They may be past the point of no return.  Nevertheless, I am amazed with the recent move of leadership, not the departure, but the incoming President.  They need to move quickly and invert that bloated pyramid.  They ...more  
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