Bullboard - Stock Discussion Forum 2242749 Ont Ltd. AIIFF

Industrials Engineering & Construction

"2242749 Ontario Ltd is a infrastructure and construction company, combining engineered solutions, relevant advice, dedicated people, products and a national presence with a local focus on exceptional customer service."

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Comment by MarlboroManon Feb 05, 2015 7:36pm

RE:This is a huge strategic error

Truth - No way they get the money. Sould have begged ADS to buy Armtec instead.

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Discussion

Comment by GladIMGoneon Feb 05, 2015 1:21pm

RE:This is a huge strategic error

Just looked at ADS's financial report - very nice - twice the size of Armtec's and increasing rrevenues margins. Interesting thing is that international sales are growing substantially - and I ...more

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Post by Thethruthhurtson Feb 05, 2015 9:56am

This is a huge strategic error

Someone in "drainage" at Armtec dropped the ball big time with this. Inspite of the cost of the acquisition ADS will want to aggressively grow their market share and will sacrifice margin ...more

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Post by MarlboroManon Feb 04, 2015 7:28pm

Advanced Drainage Systems Acquires Ideal Pipe of Canada

This is going to have a huge influence on the drainage side of Armtecs business. Market share just got slashed. I think ADS would have been better served buy getting Armtec rather than ...more

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Comment by 2Greyingon Jan 30, 2015 6:59pm

RE:RE:RE:RE:And the orchestra plays on

Must be a lucky one who found a job! Not much of a future with this company in my opinion. They are scrambling to see what can be done about the covenants. Another $4million to Brookfield? I don't ...more

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Comment by BeenAround88on Jan 30, 2015 6:21pm

RE:RE:RE:And the orchestra plays on

I just heard that their VP of IT resigned. That should take about $300K out of the expense column. Perhaps they'll start to tear down some of the expensive and ineffective systems and get back to ...more

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Comment by RustyNailon Jan 29, 2015 6:56pm

RE:RE:And the orchestra plays on

Glad The website won't make any difference. This customer base buy from sales people, and the www business is mainly small stuff or simply information. From what I hear Armtec hasn't changed ...more

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Comment by GladIMGoneon Jan 27, 2015 6:52pm

RE:And the orchestra plays on

Armtec also has a new (redesigned) web page, which I am sure wasn't worth spending the money on - not that it's big dollars, but hardly think that is going to improve sales. Seems slow and ...more

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Post by woolwichon Jan 26, 2015 7:01pm

And the orchestra plays on

Despite continued large losses, exploding debt levels and loan transaction fees that would choke a horse, ARF showed up today on a website advertising an open position for a Director of ...more

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Discussion

Comment by 2Greyingon Jan 22, 2015 11:01pm

RE:RE:RE:Hit 'n Run

Loss to sept 30/14 over 9 million for 9 months....they are paying interest but at the expense of improving the company. The company is at the mercy of the debt. Will the pay another $4million to amend ...more

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Comment by RustyNailon Jan 22, 2015 2:54pm

RE:RE:Hit 'n Run

2Greying, This company actually produces lots of revenue. They can't pay down debt but can pay interest. Brookfield will ride this pony until the markets slide and then when revenue ...more

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Comment by 2Greyingon Jan 18, 2015 4:55pm

RE:Hit 'n Run

Should be a review of covenants soon.... I am sure they wont be able to meet them and again another amendment...to keep operating. Wonder what excuse they will use this time? I suspect senior ...more

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Post by woolwichon Jan 18, 2015 9:47am

Hit 'n Run

This car has been out of control for a long time but the same head driver has continually been highly paid. Pay for performance is a completely unknown concept at ARF. Disney recently ...more

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Comment by Thethruthhurtson Jan 17, 2015 5:50pm

RE:RE:RE:Communication

No one has touched the steering wheel at armtec in months. No one!!

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Comment by GladIMGoneon Jan 16, 2015 4:46pm

RE:RE:Communication

I recall prior to and during the ONCAP ownership days, senior management, and sometimes even directors, making the rounds to all branches, and in some instances being interactive with customers and ...more

249

Discussion

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