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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 and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.


TSX:ARE - Post by User

Bullboard Posts
Comment by porksnifferon Nov 01, 2019 9:55am
99 Views
Post# 30296660

RE:RE:RE:RE:RE:RE:Canaccord

RE:RE:RE:RE:RE:RE:Canaccord
ERTguy wrote: I’m fully aware of how convertible debentures work. Since the stock price is nowhere near the conversion price I’m not sure why it’s even being brought up yet.  If this stock ever gets close to 24 then we can start talking about it.  I just position on this stock prior to earnings since it almost always seems to react positively.  A beat on EPS and revenue although modest should be well received by the market.  That and the NCIB that was announced with it.   I assume new contract announcements are soon since they are shortlists already for several.  Cheers 



The stock will not get near the conversion price since it gets shorted as soon as it approaches it. Now with the NCIB if they can offset the earnings dilution of the convertibles then maybe it approaches $22 and stays there. All depends how many shares are bought back, some NCIB actually don't buy an shares back.
Bullboard Posts