Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Engineering & Construction

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

Aecon Group Inc > Atkins doubling its nuclear revenue so will Aecon

<< Previous

Bullboard Posts

Next >>

Comment by Gabrielon Jun 14, 2024 12:19pm

146 Views

Post# 36089377

RE:RE:RE:RE:RE:Atkins doubling its nuclear revenue so will Aecon

That is what many fund mangers told me. The nuclear business is the next big thing,
Any of the following catalyst will take us finally above 20$:

1. A major collaborative-mode project in the US ;

2. An outlook for 2025 of 350m+ EBITDA (we were 364.9 TTM excl. LSTKS amd divestitures);
Bottom of slide 16: I am hoping to see 400m and hit 30$ a la SNC/Atkins.
https://aeconcomfiles.blob.core.windows.net/web-live/docs/default-source/investor-briefcase/are---q1-2024-conference-call-presentation.pdf?sfvrsn=36b25483_5

3. A resolution of the 1.1B claims we have with Robert B. Somerville (acting 50/50 as SA Energy Group) against CGL for 100-400m;
page 72:
https://www.tcenergy.com/siteassets/pdfs/investors/reports-and-filings/annual-and-quarterly-reports/2024/tce-2024-q1-quarterly-report.pdf

4. The opening of the Finch LRT;

5. The opening of the Eglinton LRT;

6. A buyback program for 5 to10% of the shares just like the one announced in 2011 that took the stock price to 10$. https://financialpost.com/investing/trading-desk/aecon-group-jumps-on-buyback

<< Previous

Bullboard Posts

Next >>

Eminent acquires promising Nevada gold project