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ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

Steel Steel
ADF Group Inc. is a Canada-based company. The Company is engaged in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel-built ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. Its products and services are intended for the five principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States, and a Construction Division in the United States, which specializes in the installation of steel structures and other related products. It has the capacity to manufacture approximately 125,000 tons of structural steel annually.


TSX:DRX - Post by User

ADF Group Inc > Way undervalued, lots of potential 2021 given backlog!
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Comment by Certified1on Mar 10, 2021 11:25pm
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Post# 32769771

RE:RE:Way undervalued, lots of potential 2021 given backlog!

RE:RE:Way undervalued, lots of potential 2021 given backlog!This was undervalued in 2007 with only about $120million backlog. I did an intense take off of value and came up with a valuation of $4.63 and many I'm sure thought me crazy. I sold at 4.63 and it overshot up to $7 area. These conditions are much more favourable now and perhaps they spent a few yrs with lower margin contracts. Looks good now and I think it will shoot past your $2.50 
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Dealroom for high-potential pre-IPO opportunities