Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Conglomerates

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.

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Aecon Group Inc

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Comment by bigguy6on Nov 12, 2010 1:01pm

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Post# 17699117

RE: RE: RE: RE: Another Contract..biggguy

Good reply…right back at yah Condor :)

Good call Condor! Sea of red arrows today…so, for those that don’t think it’s the end of the world :)…not a bad day to pick up some shares in some of your favourite plays that you may have been monitoring ...like maybe ARE.

Other than those occasional lucky guesses….for me…have found it’s generally just to difficult to ‘time’ the mkts ….especially these mkts…with any certainty …much less buy/sell at the most opportune time. And when I have tried to get a little tricky…and say sell something after a good run or big spike…with intention of buying back later on expected pullback…often pull back never materializes….and stock keeps running…(i.e. PRE, Semafo, etc)…or pullback is so minor…that I don’t buy back in…and I end up kicking myself for selling something I ultimately knew had great longer term upside.

And…same thing applies to buying. Sometimes …in attempting to pick a stock up for a few dimes cheaper…result was I ended up missing a good buying opportunity….only to watch the stock run …very fast…away from me. So…when I see a play that i have been watching for a while, that I like…like ARE…that’s been beaten up nicely…and getting no love from the mkts…I’ve learned to hedge my bets and take a position. And if it continues to drop…maybe buy a bit more. Always a risk it will keep falling of course…like when I took a half position in MFC at about $12.45…only to watch her keep falling another buck…very briefly…before she turned around and climbed back up to buy in level…and then with recent ‘pop’… to her current level. And guess what?…I never did get to buy that second half of intended MFC position …darn!

Anyway...happy investing Condor and all…and GLTA longs!

PS. Condor…still long and strong my favourite uranium plays like UUU, PDN, URE….and still like ATB…and have been considering taking a position in her again. I know she’s a growth play…but just wish she paid a bit of a dividend…as already have a ton of non-dividend growth stocks…and currently trying to balance portfolio out with a few good dividend plays…that also show good growth prospects…I guess like ARE…and EIF …that I just picked up.

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