GREY:AIIFF - Post by User
Comment by
GladIMGoneon Feb 05, 2015 1:21pm
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Post# 23400067
RE:This is a huge strategic error
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 would guess that most of this is Canadian. So Armtec is loosing about 20% of their total revenues to ADS now. Guessing they (Armtec) might as well just sell the HDPE products. ADS has a far superior product line - and deeper pockets. The low dollar is about the only thing that may delay complete domination of the Canadian market by ADS - but I doubt it. Yes, Armtec definitely dropped the ball - again - or did they even show up to the game?