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Bullboard - Stock Discussion Forum Atlas Engineered Products Ltd V.AEP

Alternate Symbol(s):  APEUF

Atlas Engineered Products Ltd. is a manufacturer of trusses, windows, wall panels and a supplier of engineered wood products. The Company operates manufacturing and distribution facilities in British Columbia, Manitoba, and Ontario to meet the needs of residential and commercial builders. Its products include roof trusses, floor trusses, wall panels, windows, floor joists, floor panels, project... see more

TSXV:AEP - Post Discussion

Atlas Engineered Products Ltd > what is the problème !
View:
Post by thegoldenman on Oct 26, 2020 10:30am

what is the problème !

Does anyone know what the problem is with this company, they had to start a night shift because they had so much work to do!
Comment by knicksman on Oct 27, 2020 5:26pm
I'm a really big shareholder of this name. It's just been dead money for some time. They haven't reported a good quarter yet this year and they haven't closed on a sizable transaction.  I think that will change soon. First, I think they need to close an expanded line of credit, which will provide additional borrowing capacity. Then, I assume they will look to close the ...more  
Comment by thegoldenman on Oct 31, 2020 2:57pm
thank you for these comments because the information is non-existent for this company
Comment by thegoldenman on Oct 31, 2020 4:37pm
even if you have unofficial information i would appreciate reading you thanks again !
Comment by redcoats on Nov 17, 2020 5:29pm
I can't believe it's still under a buck, neve rmind under 50 cents. They've been busy gangbusters and even with Covid they put on extra shifts. Their prebuilt wall panels are going to really propel them forwards.
Comment by redcoats on Dec 10, 2020 12:50pm
I see they're now using their new equipment to also build prefabricated buildings. Theyre running running two shifts  with maximum sized crews which is all they can do due to Covid. That'll likely change soon, with the vaccine rollout.
Comment by knicksman on Dec 17, 2020 5:26pm
All they need is one good quarter. And one good deal.  Unfortunately, we've been waiting for it all year. Fortunately, it's all going to happen next quarter.  
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