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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

Post by Whynotpeanut10on Jun 21, 2021 2:16pm
334 Views
Post# 33421231

An easy 30%

An easy 30%This is my first post on this board.

I recently bought DRX.If you carefully read the latest comments from mngt.It's obvious that
the next few quarters will be as good if not better than Q1

Since they made 13 cents in Q1, one can expect that DRX could make at least 50 cents if not more.

So give it a very low p/e of 5 and you get at least $2.50

More so, the book value is $3.13 with hardly any debt.

Will be increasing my position on any weakness or new announcement of big contrat.
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