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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 lifeisgood1010on Jul 30, 2024 9:58am
159 Views
Post# 36154192

RE:2nd q estimate

RE:2nd q estimate
Good morning Micro,

You got ahead of me.Last quarter i did not dare to give my number.

Yesterday, i was figuring out my estimate.

i was waiting for the quarter to end so i could figure out the stock base compensation.

If the stock finishes below $14.50 tomorrow, it will not be a charge but a deduction to cost.

In any event, with last night closing price, my numbers came in very close to yours.

I will dare to say a conservative 50 to 57 cents.

J.F. Boursier said that the mix in Q1 was very favorable and not to expect the same in Q2

Atrium has a forcast of 35 cents.NO WAY will the results be close to their forcast.

EPS will be north of 50 cents.

Share count reduction will add 1.5 cents to eps.

If the stock were to close at $13.50 tomorrow, this would add  about 2.5 cents to eps

Have a nice day.

 
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