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ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

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

Comment by freeedom45on Apr 10, 2021 2:04pm
198 Views
Post# 32972947

RE:RE:RE:It's a gift

RE:RE:RE:It's a giftI had the same thought John. It seemed like an unnecessary comment... Which put a damper on what looks to be an excellent report. Without further context one can only speculate what was implied. I personally believe the message is... Don't expect 15+% margins in the coming quarters. (Government grants were reflected in these results). With the current backlog over $400M and expected to be complete in 2 yrs... We can obviously expect to see revenue break $200M per year. So overall, I expect to see declining margins offset by increase in revenue. Which will hopefully keep the eps at $.20+. I will continue to hold my shares as well as I still see this as considerably undervalued. Cheers
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