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Atlas Engineered Products Ltd V.AEP

Alternate Symbol(s):  APEUF

Atlas Engineered Products Ltd. is a manufacturer of trusses, wall panels and a supplier of engineered wood products. The Company operates manufacturing and distribution facilities in British Columbia, Manitoba, and Ontario to meet the needs of residential and commercial builders. Its products include roof trusses, floor trusses, wall panels, floor joists, floor panels, project management and site assembly services, and design, engineering and permitting services. It also distributes a range of various engineered wood products for use by builders of residential and commercial wood-framed buildings. These include single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures. Its subsidiaries include Clinton Building Components Ltd., Satellite Building Components Ltd., Atlas Building Systems Ltd., Pacer Building Components Ltd., South Central Building Systems Ltd., and Novum Building Components Ltd.


TSXV:AEP - Post by User

Comment by knicksmanon Oct 27, 2020 5:26pm
184 Views
Post# 31792766

RE:what is the problème !

RE:what is the problème !I'm a really big shareholder of this name. It's just been dead money for some time. They haven't reported a good quarter yet this year and they haven't closed on a sizable transaction. 

I think that will change soon. First, I think they need to close an expanded line of credit, which will provide additional borrowing capacity. Then, I assume they will look to close the transaction they've loosely referred to for some time. Then I think Q3 will be quite good...but Q4 will be fantastic. 

They've been really quiet. And, I think that's been a good approach...because they have nothing to talk about yet. I expect that to change. 
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