ADF Group Inc T.DRX

Alternate Symbol(s): ADFJF

Steel Steel

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.

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ADF Group Inc

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Post by lifeisgood1010on Jun 07, 2023 8:10am

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Post# 35483951

Cash flow of $1.26/share for a stock trading at $3

For a single quarter the cash flow was $1.26 / share

After investisting massively over the pas 2 years in automation, DRX is reaping the reward
of it's smart descisions.

For this coming year, they plan to spend only 5 millions in cap ex.
Cash flow will be massiv ditto for profitability

The new automated line take ONLY 1/6 of man hour to produce the same piece of metal as in the past.

2024 will be a terrific year for DRX shareholders.

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