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Bullboard - Stock Discussion Forum
ADF Group Inc
T.DRX
Alternate Symbol(s):
ADFJF
Steel
Steel
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.
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TSX:DRX - Post Discussion
ADF Group Inc
> New 21year high
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•••
lifeisgood1010
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Post by
lifeisgood1010
on Apr 11, 2024 10:22am
New 21year high
Sorry guys for all of the typo. mistake in my previous post.
I was in a hurry to get on the call.
In the past, we were lucky to get one question.This time there was 3.
Cannacord was a new analyst.This tells me that DRX is gaining attention.
The best part of the call was when asked about the visibility.The answer was
3 to 5 years of continued high volume of works.
DRX will not have a lot of capex going forward.A lot of free cashflow will
be generated in the next few years.It will be interesting to see how
they allocated all of that.
Keeping my now 13,000 shares for the long run.
(43)
•••
GingerEnergy111
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Comment by
GingerEnergy111
on Apr 11, 2024 12:15pm
Institutional investors want a $10+ price tag per share to jump in. So the chart looks good and if it holds above 10 will attract these larger buyers/investors.
Thank You
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