Aecon Group Inc T.ARE

Showing Some Strength Today

[mydividends]

Low of $12.50, back above open price today. I think we're def near the low end of the stock price, had an order set for $12.45 to double my position, no go unfortunately. This price level is def getting interesting, especially to lock in a juicy dividend and potential to ride back the share price to $20+.

[Dividends]

My hope is that quaterly's will point out it was an overaction. Think Q2 will be any good? They need that lawsuit to go away as well 

[mydividends]

Pretty sure it'll be similar to last quarter: concerns about profitability of fixed, older contracts against rising inflation. They'll announce a growing backlog with the recent new contract wins, and how they're doing to mitigate rising input costs. Honestly I have to give management the benefit of doubt here, they've been in business for a long time and have the scale to have

[Dividends]

I agree, excited for it to be $18 plus and in the meantime i'll collect the divi. Margins are slim and I hope we got some provisions in contract against it.  We need to process that backlog, get the dough in the accounts and pay out shareholders.