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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 Daudau11on Jul 11, 2024 1:54pm
174 Views
Post# 36128725

RE:RE:RE:La couverture analytique

RE:RE:RE:La couverture analytiqueTbh, I think its Marshall-Barwick reducing their position further which is putting pressure on the stock.  I would assume other firms are slowly accumulating it at these prices but who doesn't want to buy as low as possible and since there is no news or earnings coming out there is no rush to hit the offer.

Of course this is just my speculation but since Marshall-Barwick's last disclosure on June 18th where they reduced their position to under 10% they are now no longer required to declare their sells and I see constant selling pressure.  

I am not sure if its them and if so how much they want to reduce their position by or if they want to fully cash out.  But until the selling pressure is gone, or there is some good news I doubt we will be going back up meaningfully.
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