RE:Amazon adding 16 milllion sq feet of new warehouse space I did not imply that DRX and Canam would merge.
I wrote "I don't think we will see a wedding between the two.But can you imagine the power house it would be.
I was a shareholder of Canam when the Dutil and a private equity(AIP) firm took my shares by privatization in 2017.
These Amazon contracts are low risk but also lower reward in term of margins.
Not sure if they are still interested in these contracts when they can go for much bigger and much more lucrative one.
I guess it will all depend on the mill load if they bid on it.In the last CC. Jean
Paschini said that they still had available capacity so maybe they will bid on them.
So who knows...?
What i do feel confidend in is that DRX as learned from previous mistakes and will no longer get
involved in high contractual risk projects.Smart people learn from past mistakes
and i believe that with now 36 years at the helm of the company,the 3 Paschini and J.F. Boursier(14 years as CFO)are top quality managers.
And i too don't beleive that Canam is still a holder of their previous position.
But that is speculation on my part.