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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.


TSX:ARE - Post by User

Comment by TraderAlon Jun 04, 2024 1:18pm
79 Views
Post# 36071497

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:weak share prices lately

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:weak share prices latelySorry there Kupotea I was not sure that you were directing at me. Please do not trade anything on my comments, they are worth exactly what I am charging.  At present I do not hold ARE, I have in the past. The reason is simple too much risk for the reward. There are lots of stocks on sale at the moment, with less risk. One thing that Ryan Bushell commented on was the sale of the road work division. He said it just was not high enough margin. That division has been a cash cow for ARE. Not a good idea, unless you had to. They have also sold equipment and more shares. It is also no secret that there is a labour shortage in the trades. The government is allowing grades 11 and 12 to leave school and become apprentices. These kids are not ready for heavy construction! What could possibly go wrong? On the possitve side the government blocked the sale. So they basically have to give ARE some sweet contracts. 
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