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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.


TSX:ARE - Post by User

Post by Justhalffullon Nov 04, 2021 2:19pm
278 Views
Post# 34087972

Pipeline

PipelineThe More Ilook at this, the more I think the pullback was completely unwarranted.  This pipeline project was a $523 million contract on a 50 basis with Somerville .  The project is just over 50% complete.  Assuming  a 10 to 12% proit margin, the partnership cf requirements for remainder is. Between $230 to 260 million, or$115 to $130 million each. If Somerville wants to, suurely$230 million is not out of range for Aecon, and they would double theprofit on the remaining contract, and would likely be in a better position to have the adverse terms amended.
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