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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

Comment by Marley66on Oct 16, 2023 8:52pm
108 Views
Post# 35686426

RE:first report

RE:first reportIndeed....

just read the document...the info is very good and easy to follow.

yes, that seemed a bit low on the profit side for this fiscal year!

on the valuation side, I like the presentation and the use of other public company in the industrial sector for are benefits. I would say that they pretty much right valuation wise.

DRX paid for that research report.....

I am a owner of a big shares position in that company and yes liked the share price to go way higher as fast as possible. Unfortunately, i can't predict what the share price will do in the near future .

The next earnings report of DRX could inflate the share price if it's way better then what the research report say. And I think it will be way better! That's my 5 cents...enjoy 



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