Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Conglomerates

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.

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Aecon Group Inc > Food for thought re Aecons valuation

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Post by Henryeon Aug 10, 2024 11:20am

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Post# 36172764

Food for thought re Aecons valuation

Simple Quiz
if
6 billion backlog = $17.50 per share
then
12 billion backlog = ??????
hint
the new backlog that is being valueated as we speak will be of exceptional well thought out more predictable consistent high end margin variety.
12 billion upcoming new total is not an if , it's on it way soon.
This new total will be generated from 5 significant projects that we all know it's in the pipeline.
I will go on record to predict several other significant awards that they are awaiting to be awarded over next 3 - 9 months to create the backlog way past the 12 billion of historical proportions!!!! The INSIDERS know it!!! Next 36 months will be exceptional for infrastructure significant growth!!!! Perfect storm is developing for Aecon especially now that they are clearly disciplined, methodical, deliberate, and do not chase projects for the sake of revenue ! Exceptional margins/ profitability is the only vocabulary they now use as a religion.
All have a real good weekend!!!