IBI Group Inc T.IBG.DB.E

RE:RE:great sp movement over the past few days!!

[Calgaryrider]

WS Watkins just got offered a wad of $ by SNC Lavalin.  
This continues the trend of consolidation in this space.  

I don't  think this recent move has anything to do with that, but more to do with institutions coming back in......some electronic-type trades going on for sure.  IBI is an $8 stock if it's just valued as per its peers' metrics. And this is despite having the best organic growth and higher end of margins.  

SNC's offer was a 30% premium for WS Atkins, so I doubt $10 would take IBi out.  
Additionally, only about 2% of WS Atkins is employees or director owned......nowhere near IbI's partnership which owns a near 40% stake.

IBI projects - several high profile ones - just won council approvals....biggest building in T.O and Vancity, and the LA Civic Centre just got the go ahead 10 days ago.   Look it up.  The latter is a massive multi-year undertaking.  IBI is also being recognized as a global leader in roads and infrastructure for autonomous......their growing core competency in this space obviously has some amazing potential as driverless autos take off in the next 5+ yrs.  

very few are positioned to nail this timing like IBI.good luck.  

As much as I own, I bought more last week at just above $6 last week because I can't find an investment that is as likely to be up in 1 years time.
GLTa