Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Conglomerates

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.

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Aecon Group Inc > Eglinton LRT

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Comment by Alexcanadaon Jun 04, 2024 4:20pm

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Post# 36071920

RE:RE:RE:RE:RE:RE:RE:Eglinton LRT

Playing devil's advocate here :

- on annual meeting day, stock loses another 1.72% while overall market is down 0.53%
- we are making lower lows in the last trading sessions
- consistantly trading for a few days under MA(50) ; EMA(20) under MA(50) : one year ago, we lost 5$ (40%) after may high.

- next level of resistance is around 13.5$
- still 3 weeks until june 25th

my advice : keep a lot of dry powder

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