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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

Comment by smartmonion Jun 18, 2024 5:55pm
153 Views
Post# 36094941

RE:More Comments

RE:More CommentsSimply Wall Streets article makes no sense whatsover. if they have been negative on DRX for a while, then they seriously should have their heads examined. The share price has gone from $4 to $20 in less than a year...and much more to come! Its normal that AR increases on the BS as sales increase 27M. They should enroll in a basic Accounting course. When a company pays down debt, it should not be considered as hurting their cashflow but more as a company that is increasing financial stability. DRX has actually given their shareholders a gift by repurchasing shares and has excellent growth and earnings forecasts for many years to come. In my opinion, SWS are only looking for cheaper shares and this latest pullback has given us all the opportunity to increase our valuable positions. I will be very surprised if we dont close out the year at approx. $30 a share. I dont even want to guess where we will be trading by the end of 2026. BUY..HOLD and PROSPER Folks. It's very rare to find a play like this one!
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