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AirBoss of America Corp T.BOS

Alternate Symbol(s):  ABSSF

AirBoss of America Corp. is a Canada-based company, which develops, manufactures, and markets rubber-based products. The Company serves its products to automotive, heavy commercial, construction and infrastructure, oil and gas, and defense sectors. The Company operates through three segments: AirBoss Defense Group, Rubber Solutions, and Engineered Products. Its AirBoss Defense Group segment includes the manufacturing and distribution of personal protection and safety products, primarily for CBRN-E threats, and the manufacture of semi-finished rubber related products. Its Rubber Solutions segment includes manufacturing and distribution of rubber compounds and distribution of rubber compounding related chemicals. Its Engineered Products manufacturing and distribution of anti-noise, vibration, and harshness dampening parts. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling primarily in North American markets.


TSX:BOS - Post by User

Post by GoldenArmon Aug 10, 2021 1:54pm
56 Views
Post# 33678983

Looking at the present situation

Looking at the present situationCovid case rise in the US means strong demand for BOS products. The probability of the second tranche of the $576M deal to kick in. We may hear about that sooner than later this year considering there are less than 5 months left.

"HHS has provided ADG authorization to proceed immediately on an initial order expected to be worth up to US$288 million, with an equivalent follow-on option which HHS may exercise later in 2021 for an additional US$288 million."

Remember earning out today after market close. I anticipate growth and either increase in dividend or a special dividend (cash or shares). This all my opinion,hopes and dreams and not financial advice.
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