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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 microcaphobbyon Jul 08, 2024 9:56am
245 Views
Post# 36122576

math tells the story

math tells the storyas at june 11, 2024 company had 72 mil in cash. It used 48 mil to buy back shares. At the annual meeting they said that they will recoup morre than 48 mil ie replenish all the cash they used to buy back the shares
In other words they will generate  free cash flow of 48 mill in 6 months.  This company is a cash generator  and will continue to be for the next  few years. Huge moat and huge demand. 
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