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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 ACarrotherson Feb 06, 2022 7:38am
95 Views
Post# 34402049

RE:$AEP.V Q3 Analysis, Q4 and F2022 outlook, valuation and PT

RE:$AEP.V Q3 Analysis, Q4 and F2022 outlook, valuation and PTGreat analysis. 

A few thoughts and concerns that I have. 

Do we know how much of Q2 & Q3 revenue growth was driven by increasing material input prices (ie. lumber) that Atlas passed on to customers? If lumber prices were to normalize to back to hisorical norms, would this have a big impact on Atlas revenue and revenue growth?

What will the impact be of the ~12M warrants expiring here in the near term? Current market price $0.63 (as of last close) is higher than the avg. $0.60 strike price. Won't this mean most will exercise buying at $0.60 and selling in the open market at $0.63 for a profit? Won't this put a ton of downward pressure on the stock in the near term?


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