IBI Group Inc T.IBG.DB.E

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IBI Group Inc. is a global design and technology company. The Company offers a range of services, including architectural controls, architecture, bridge engineering, civil engineering, construction management, data analytics, design technology, development engineering, economics/financial analysis, electrical engineering, energy solutions, engineering, environmental assessment, geomatics/land surveying, highway and road design, and indigenous engagement and relations. The Company¿s services also include interiors, land use planning, landscape architecture, mechanical engineering, municipal infrastructure, operations and maintenance, parametric design, placemaking, planning and urban design, public outreach, research and development, software development, systems engineering, traffic engineering, transit planning, transportation engineering, visualization, water resources management, and water/wastewater. The Company has over 60 offices in major urban centers across the globe.

TSX:IBG.DB.E - Post by User

IBI Group Inc

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Comment by nkbourbakion Oct 03, 2018 8:13pm

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Post# 28741620

RE:RE:RE:More insider purchases

SweetPete wrote: Dale Richmond buying another 10,000 shares at $4.58 on Friday, that's positive, again...
Could we see some tax selling at this time of the year? I have a hard time figuring why the stock is dropping so much. At this level I'm buying even if I never sold the ones I purchased on the cheap 4-5 years ago. It looks like a real deal to me.

I've never been able to figure out the trading in this stock. I doubt tax selling at this point. I think it has more to do with a rising interest-rate environment that will hamper construction along with a wait-and-see approach to the US business.

For the past couple quarters, IBG has rallied into earnings and then dropped on disappointment. I'll have to listen to the last CC again, but I believe managment was pretty confident that the US results would be much better in the back half of the year. I think any stability there will bring a lot more bids.

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