Post by
lifeisgood1010 on Jan 30, 2024 2:41pm
4 bagger since 2022 end
alive9well, i am curious.Are you a shareholder of DRX?
I never saw a post from you on DRX.
Have you done research on DRX?
If so,can you share with us how you are arriving at 98 and 95 cents?
It would be much appreciated.
Thanks
Q3 results were amazing at 34 cents.They were more than double the expected one.
The only poster on this board that was very close to the exact numbers was microcaphobby.
I, who do follow closely DRX was off big time. I was expecting less than 20 cents.
Micro's $1.50 would be great but even a at $1.20 with a multiple of 8 gets us to $14.40
With the sales growth and increased profitability from the Zebau line and with
DRX being more selective in their orders because of so much work, we will get and
8+ multiple.
In the past, when job were scarce, DRX was bidding on low margins high volume work to keep the workforce busy.
These time are behind them.And with the unique North America automated welding line that uses
only one six of the previous labour requirement...the best is yet to come.
Not because a stock as gone up 3,4,5 7 time that is has to stop or go down.
There are numbers of company that goes up with time when well managed.
One the best exemple is CNQ.Yes,a cyclical oil and gas company
CNQ is up more than 200 time in the past 30 years.
Buffet got rich by finding great company and keeping them for years...
DRX is owned 45% by the Paschini, their interested are align with us.
The 3 Paschini have been at the helm of DRX since 1979.That 45 years of experience each.
Now, they are bringing one the 3 rd generation in.
In the TV video that was recently posted.It was quit inspiring to see the younger generation
embracing new technologies.
As you can read, i am extremely bullish on the long term prospect of the ADF Group.
Comment by
alive9well on Jan 30, 2024 5:13pm
Since December 2022. Own a diverse portfolio of 28 companies including ADF (ADFJF shares in USD). You can check out Atrium Research Report https://mcusercontent.com/4bc421505c66d079778a0d0be/files/8ef5d6d4-70f4-fb47-facd-9ed2f88f669f/20231211_Atrium_DRX_Contracts.02.pdf