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ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

ADF Group Inc. is a Canada-based company engaged in the design and engineering of connections, fabrication, including industrial coatings, and installation of complex steel structures, heavy steel built-ups, as well as in miscellaneous and architectural metals for the non-residential construction industry. The Company’s products and services are intended for the five principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States.


TSX:DRX - Post by User

Post by nelson07on Jan 24, 2024 10:36am
103 Views
Post# 35842839

New 21 year high

New 21 year high
We just hit a new 21 year high a few minutes ago at $7.80

DRX is just starting to get discovered.No later than July of 2022, DRX had a market cap of only
45 million$.

At these price it was flying under all radar.

Today, the market cap is 254 million and DRX is in THE SECTOR that as the most tail wind.

Make no mistake, DRX will be much much higher before year end.

I fully agree with micro.The only disagrement i have with him is on the dividend.

I don't think thhe dividend has or will have any impact on the valuation.

I want DRX to keep as much cash as possible to grow the order book.

For that,they will need cash for their working capital.

And yes, DRX will have it's up, down and sideway movement.But the direction is UP, UP, UP.




 
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