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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

Post by Possibleidiot01on Sep 05, 2022 8:01am
247 Views
Post# 34941860

from August 8, 2020 earnings transcript

from August 8, 2020 earnings transcriptSometimes, , a person makes a lucky guess at  a valuation ; in the end they did achieve that $600 million and they kept that percentage..

Unidentified Analyst

Okay. This is maybe an unfair question, and I'll acknowledge to that ahead of time. But no way it -- wouldn't it personally make more sense to own 20% of say $600 million market cap company or then 36% of $160 million company

Scott Stewart

So, I guess the question I'd ask back Dave is, what would be the strategy to get to a $600 million market capital? And what sort of -- lead you to think that we would be able to get there by changing the shares structure?

Scott Stewart

Liquidity.

Unidentified Analyst

Okay. Just by making more shares, more available with the ongoing good results that might drive the stock price up.

Scott Stewart

I'd like -- the partnership is not anticipating those. GMP [ph] does not have an expectation of having 36% of the public company forever. There is a plan that the partnership has in place, it is time to some respect to the departments of the shares, and is that net performance was achieved; one might anticipate that there would be an improvement in liquidity.

Unidentified Analyst

Okay. Okay, I want to thank you for answering these questions.

Scott Stewart

My pleasure. Thanks, Dave.


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