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IBI Group Inc T.IBG.DB.E

IBI Group Inc. is a global design and technology company. The Company offers a range of services, including architectural controls, architecture, bridge engineering, civil engineering, construction management, data analytics, design technology, development engineering, economics/financial analysis, electrical engineering, energy solutions, engineering, environmental assessment, geomatics/land surveying, highway and road design, and indigenous engagement and relations. The Company¿s services also include interiors, land use planning, landscape architecture, mechanical engineering, municipal infrastructure, operations and maintenance, parametric design, placemaking, planning and urban design, public outreach, research and development, software development, systems engineering, traffic engineering, transit planning, transportation engineering, visualization, water resources management, and water/wastewater. The Company has over 60 offices in major urban centers across the globe.


TSX:IBG.DB.E - Post by User

Bullboard Posts
Comment by patenrighton May 14, 2014 7:00pm
199 Views
Post# 22562725

RE:RE:RE:here we go - lets see a profit IBG!!

RE:RE:RE:here we go - lets see a profit IBG!!
operating profit margin was 7.1% vs 5.8% in q1 2013 despite sales being 81.7M  vs 84.5M which  shows IBG has done a good job at reducing costs.     free cashflow around $2M for the quarter ( w/c change was around 0) so that $2M is cashflow from fundamental  core operations.

I am forcasting $8-11M in free cashflow for 2014 or $0.4  - $0.5/shr so  q1 was $.09 so IBG is on its way to hitting my $0.4 - $0.5 2014  target  leading to a stock of $3-4 with a 8x cashflow multiple 
Bullboard Posts