ADF Group Inc T.DRX

Alternate Symbol(s): ADFJF

Steel Steel

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.

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ADF Group Inc > shaking the tree to get cheap shares

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Comment by colouramaon Aug 20, 2024 1:19pm

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Post# 36188232

RE:RE:RE:shaking the tree to get cheap shares

Microcaphobby, what gross margin % are you assuming when you arrive at that range? I believe the CFO said due to a favourable mix, the gross margin in Q1 was slghtly stronger than expected, so gross margin in Q2 will naturally be a bit lower quarter on quarter.

Macro sentiment aside, I find it strange that the market seems to be so jittery when the company reported strong earnings just in June. I'm always skeptical of "blue sky" euphoria but every indication I have seen is for the company to continue to be in strong demand going forward.

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