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Atlas Engineered Products Ltd APEUF


Primary Symbol: V.AEP

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 savyinvestor333on Dec 03, 2022 2:48pm
136 Views
Post# 35148799

RE:RE:RE:RE:RE:RE:RE:New Buyback starts Today

RE:RE:RE:RE:RE:RE:RE:New Buyback starts Today
filoux004 wrote: Hey Savy, 4.7M allowed minus 130K shares recenthly bought. How agressive will mgmt be? Given the strong construction boom in south BC. A 1$ sp within the next 2 months is within reason. Haha just a little positive projection on this world cup weekend. Ps bought a small position on EXRO , did very well with it 2 years ago during the gogo days. Pure speculation I'm not engineer thus cannot comment on their IP....but with Linamar involvement and possibly GM to be announced this month possibly, their tech may be the real deal . GlTA finally long Ret.a but somewhat intrigue by the lack of volume with only 2 weeks to their fins. Remember over 2 M options were issued 6 months ago to mgmt with a strike of 1.5$.


 Actually I think they will be fairly aggressive under a $1.00 for now. I would not be surprised to see $1.00 very soon, like before Christmas. I have been adding right through to yesterday and with the rise in price I am now holding over a 2.5% position in my portfolio Still have a bigger position in RET.A (just over 5% with around a 100% gain currently) and think it will have a good quarter. TD had a report on Roots saying the current warm weather will have an impact on Nov sales so that may have weighed on RET.A this week. I would be happy to get to 50% of book value right now. Serious value play and who nows if they start a small divi or a share buyback in 2023 that will be a good tailwind
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