RE:RE:RE:RE:RE:RE:RE:RE:US Contractor Tutor Perini reported - Up 8% afterhours Gabriel, we need one or possibly 2 new positive news releases on March 4th and 5 th ahead of earnings on March 5 at 5 pm .
Announcing and introducing the new CFO would be welcomed as one of the announcements rather then doing it cold turkey on March 5 th , 5 pm release.
Perhaps Aecon and board has not yet been successful at attracting the ideal CFO and a short term in-house interim has been appointed..
Also wondering if Snc is considering to acquire Aecon or loose it to other potential suitors.
If we think the shares of Aecon could skyrocket to $80 per share, then obviously they or others, certainly know the intrinsic underlying value that Aecon is blessed with and minus the 4 legacy projects ( actually 3 with Gordie Howe bridge no longer an issue) that Aecon is no longer a lemon but significant peaches and cream asset.
In today's world, amalgamations, mergers or strategic acquisitions is the way of the future, and Aecon needs to grow, consistently while maintaining and improving margins , there fore having deep pockets or being part of deep pockets potential suitors is absolutely essential.
No matter what happens, Aecon is entering exciting times ahead and ALL COMPETITORS CLEARLY KNOW IT .
Their eyes and wallets are wide open.
We need to get the market cap way higher before a takeover in whole or in parts could even start as we don't want to give away Aecon for dirt cheap.