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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 lotus1on Jul 10, 2024 7:48pm
184 Views
Post# 36127457

RE:CFO interview

RE:CFO interviewI agree. The CFO appears to be honest and transparent, with no massaged or colored commentary. It was confirmed that ADF has a long runway for growth and profits over next 5 tears. ADF seems to have earned the trust for quality and reliability, in its field.

The impact of PSU and DSU expense, with rapid rise in stock valuation is not uncommon for the co. of this size, similar to others. ( HPS.a ). So there is no reason to worry, I think, as shareholders will also benefit from higher stock prices.

Atrium host, though, could have used the opportunity to address the matter of shars buyback price of $17.31 and its validity/valuation process by the special committe, specially in light of valuation of the Co.set at much higher level by their Research analyst. I think,it could have been helpful, as the recent decline in share price happened to have been triggered soon after that event.
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