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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

Post by bigbird11on Jun 13, 2024 10:19pm
221 Views
Post# 36088449

IN MY OPINION

IN MY OPINION

THE SHARE PRICE TOLD ME EXACTLY WHAT THE MARKET  THOUGHT OF THIS 

SHARE BUYBACK

THE PROBLEM HERE IS THE FAMILY CONTROLS THE VOTING SHARES>>>>>>>

AS A SHAREHOLDER WE HAD NO SAY IN THE MATTER.................

THIS  PROPOSAL  WOULD HAVE BEEN  TURNED DOWN BY THE SHAREHOLDER

FLAT  OUT............... IN FACT IT WOULD NOT HAVE BEEN PUT ON THE TABLE

AS FOR THE DIVIDEND ........... IT WOULD BE A  NON EVENT .......... $40.00 per 1000 shares

for the average shareholder per year

BUT FOR THE OWNERS $40,000 per 1,000,000 shares X14 (PER YEAR) ............we are talking

a chunk of change 

THE MOMENTUM IN THIS STOCK HAS NOW CHANGED IN MY OPINION

AS FOR A RECENT POSTING................ NOT GREEDY CAME UP IN THE POSTING !!!!!!!!




 

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