RE:RE:Technical analysis on Aecon - enjoy the video Gabriel & Ron good morning. This is music to my ears! G, firstly thanks for sharing both posts. I have tons of confidence in firstly reaching out to $35 Sooner than later, and for this to happen we need to show a clean 3 rd quarter and for the GO expansion and Scarborough subway to be priced into the backlog. Likewise there will be other projects priced in and new announced . It will help if 4 th quarter comes clean as well and perhaps some disputes get resolved this time in Aecons favour and funds get deposited! The nearly a perfect storm is brewing, so several key elements need to align and yes I can see $77 rather quickly and the other number in the video are intoxicating . Question is that if much more deeper pocketed infrastructure companies get the wind of this huge potential underlying value in Aecon , then now would be the time to try and steal it and attempt to consolidate their huge forthcoming backlog by acquisition and scoring big for new group of shareholders. Likewise many shareholders will exit at $20, then $25 and for sure at $ 35 . Very few us will remain past $35 . Rather then chasing the stock , just buy more at any entry point at this time and every time you have spare change, just buy more and avoid playing the high and low game and 100% for sure reinvest your quarterly dividends and watch this baby grow!!!! Of course if you need some cash for any reason then just chip into some shares. Interest on borrowing is coming down and will continue to come down, so it's no crime to accumulate some shares through margin as the cost of margin is deductible against tax payable for dividends etc
Its a great time to margin as the share growth upside is so significant.