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Bullboard - Stock Discussion Forum Atkinsrealis Group Inc T.ATRL

Alternate Symbol(s):  SNCAF

Atkinsrealis Group Inc., formerly SNC-Lavalin Group Inc., is a professional services, and project management company. It delivers end-to-end services across the whole life cycle of an asset including consulting, and advisory and environmental services. Its segments include Engineering Services; Nuclear; O&M; Linxon; LSTK Projects, and Capital. The Engineering Services segment includes... see more

TSX:ATRL - Post Discussion

Atkinsrealis Group Inc > $32? What the heck
View:
Post by ol_griz on May 25, 2023 9:34am

$32? What the heck

are we doing down here?  I can't see that this makes sense, unless the market is predicting a credit default and economic collapse, which also doesn't make sense.  My June options looking good at this point.  Much lower and I will buy back the shares that went this month.
Comment by Ronbromleygross on May 25, 2023 5:17pm
Makes no sense to me either Ol Griz Just a normal correction and shakeout as usual imo.  Nothing wrong with SNC and in fact the fundamentals and future have never been better than now.   If a recession hits SNC becomes one of the growth drivers with surplus govt spending plus the move to a greener future and infra and nuclear spending.   If it gets under $30 I am adding. No worries ...more  
Comment by Alexcanada on May 25, 2023 7:48pm
Next time we spike I'm selling some as Gab did previously. I must say that I thought a lot about doing it on the day of the ER. My bad. I will not add any more shares unlee there's clear confirmation that we are in an uptrend for good.
Comment by pierre55 on May 26, 2023 3:46pm
That is the problem with a stock that's been so volitile for so long. Every spike, investors just want out, hence stock craters. In my humble opinion, this will be the high until q2 earnings report. In the meantime, lets all hope the market continues on it's happy, happy momentum! lol
Comment by iknownothingalot on May 26, 2023 7:00pm
Your true colors come out once again. A stock that makes a move from 23 to 36 will naturally pull back and consolidate. You couldn't resist taking a dump on the name as usual simply because you couldn't figure out the trade. I'd rather be a wealthy dreamer than a second rate trader.
Comment by iknownothingalot on May 26, 2023 7:02pm
Oh I forgot a 10% retracement after a 60% upward move is certainly a "crater."
Comment by Ronbromleygross on May 26, 2023 9:04pm
Too many investors are still looking for an excuse for this stock to head back down to $25 then $20 and whatever from there.  Good luck.  It ain't happening based on the most recent ER.   The company exceeded all expectations expectations.  All analysts who follow the company issued revised "upward price targets anywhere from $36 to $45".  Those are 12 month ...more  
Comment by Alexcanada on May 26, 2023 10:41pm
I digress about nuclear but it is not a major component of SNC anyway. Public acceptance (or not) has been paramount in the deployment of nuclear energy all around the world in the last decades. Fukushima accident has not helped the cause. However, theres has been a recent surge in the nuclear share of total energy generation in the last 7-8 years. We are still around 10% or so, very far from pre ...more  
Comment by pierre55 on May 27, 2023 1:43am
I love dreamers! The best news snc has had since 2018 when they announced a $1.5bn lost in gas/oil lstks. 5 long years without anything positive to say about this company.  Then came Q1 2023, ALL the analysts in the world said how they were impressed by the earnings report. Many Nvidia shareholders dumped their stock to get on the snc rocket. Even Elvis came out of hiding to applause (LOL).. ...more  
Comment by iknownothingalot on May 27, 2023 10:20am
Unlike you I don't sit around and complain for five years. I seize the opportunity and make lemonade.....BTW I bought a few hundred NVDA shares between Dec and Jan. Rather than trade the position after earnings this week I sold some covered calls with significant premium. You might try it sometime....but no just another post incessantly complaining about the past and the lost opportunities ...more  
Comment by iknownothingalot on May 27, 2023 10:24am
Had fun Pierre but now I must return to focus on my business. No  more time for this meaningful banter. Good luck with your investing.
Comment by pierre55 on May 27, 2023 1:58pm
I hope you realize I like playing the devil's advocate. A couple of weeks ago, I added a good chunk of shares at $28ish. I do believe in this company long terme. I just would have preferred a more regular road to the top. This is just a game. No hard feelings. My girlfriend Scarlette (soon to be replaced by Margo), tells me that I have to much time on my hands.....................maybe she ...more  
Comment by Ronbromleygross on May 27, 2023 6:16pm
Pierre  I agree this is a long term winner.  Except I and many here have the balls to stick with it and not try to outsmart Mr. Market.  Sooner or later you will get snookered if you think past stock trading patterns will continue in the future.   Ever heard the expression "past performance is not indicative of future performance"?  Same goes with your remark ...more  
Comment by pierre55 on May 27, 2023 10:18pm
Ron, first of all I have never said the stock will be going back to $22 or even $25 (this is not the first time you make an allusion to this). My second most important purchase of this stock was the last time the ps was at $28 ish. Previous q1 earnings report I still had doubts that the shorts were done with this stock. But after q1 report (shorts or no shorts), I have no doubt the stock won' ...more  
Comment by Alexcanada on May 27, 2023 11:10pm
Compared to WSP, SNC performance on the stock market has been underwhelming to say the least in the last 3-4 years. BUT this interval is simply too short
Comment by Alexcanada on May 31, 2023 6:07pm
Hope we are not going to retrace under MA200 because this is going to trigger a major sell by algos if sustained (death cross). WSP almost under MA200. I will surely start a position if I can get an even sweeter deal.
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