RE:RE:RE:RE:RE:RE:RE:where is Calgaryrider!!To each their own.
The US - the aforementioned wild card - came up double zeros.
Nobody is happy with that. With that said, overall valuation is still crazy low.
It sounds like the worst is over in the US (they’ve right sized and contracts are ahead), with recovery to positive numbers in the next quarter or two in the US.
The margins in Canada are nothing short of staggeringly high.
They are destroying Canadian competition.
I’m not worried about the business or the value proposition. Still very compelling in this space. Some massive contracts....Gordon Howe bridge. BC casino complex. Woodbine. All very cool and in ovative projects.
I am not happy with how little attention IBg is getting and hope that that will improve over time.
i don’t want IBG - a Small Canadian jewel - getting taken out at a discount like 1/2 of the decent companies in this country. I’ve been part of that before as a consultant and as tech company and I just think it’s a shame for Canada and Canadians.
I won’t sugar coat this quarter too much. The US led to a miss. But, it’s just a quarter.
Id be interested to hear what other longs are placing $ into these days. PM if interested in a chat. We don’t have to clog up this busy board!
IBI Group, Inc. (IBIBF) CEO Scott Stewart on Q2 2018 Results - Earnings Call Transcript $IBIBF
https://seekingalpha.com/article/4197689