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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

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.


TSX:ARE - Post by User

Bullboard Posts
Post by bigguy6on Dec 08, 2010 10:34am
493 Views
Post# 17817732

ARE is BNN Top Pick!

ARE is BNN Top Pick!Barry Schwartz on BNN Market Call Tonight  show last night choose Aecon as his Top Pick! 

Note he'd picked it as a Top Pick last year and around $14...so had some crow to eat...but reality was it was a good buy at that time at that price....and could have very easily gone in the opposite direction....and he'd be a big hero. 

Anyway, at current price levels he's extremely bullish on the companies prospects and looking for $12+ SP in near future...and i think he said $18 short while down the road. I agree.  Think once we're through tax loss selling season in next week or two we'll see some good upwards momentum to SP in new year....as those that sold recently buy back in....and newbie value investors looking for good long term value infrastructure play buy in to the ARE story.  

Happy investing and GLTA longs! 
Bullboard Posts