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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 ykzsh8on Jul 27, 2024 12:40am
311 Views
Post# 36150904

The picture is clear

The picture is clearIt's interesting, with this stock, the lower the share price, the more bullish I get. There's lots of interesting small caps out there like Payfare and Gatekeeper Systems showing high growth. What sets ADF apart is the backlog and how clearly and transparently it is communicated. The money is there, waiting to be collected. With other companies, there's still room for speculation on what their revenues might be. There's nothing to speculate about a backlog, it's just pre-announced future revenue. The company is still in a position to pick and choose high margin projects to add to the backlog and their investment in automation is definitely helping with that. 
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