RE:RE:RE:Technical analysis on Aecon - enjoy the video Yes your message was clear, for us all to have fun with it, and I , and most likely you elected to cap the video predictions at $77 , and past that would be great and not impossible but too premature ..
You are saying $50 is plausible and so do I , supported by your previous facts and assumptions that were very palatable.
Based on video, I decided to cap my future outlook on Aecon at $77 as no doubt I could inspire you to create assumptions as to pathway to $77 .
It all depends now on obtaining NEW additional 6- 10 billion $$$ 's of backlog based on new wave of respectable MARGINS.
Aecon currently is very picky at what contracts they will pursue!
- our new CFO is an all star goal keeper and in pursuit of a Vezina trophy! He will prevent goals to be scored against Aecon , and will refuse meaningless, unprofitable projects contracts for sake of useless revenue! He will allow or fight in favour for safe , responsible, disciplined highly profitable contracts only. What is plausible, is for the TOTAL backlog to surpass 15 billion $$$ plus, as Aecon currently is eyeing several other major jobs in Canada and USA and in que for potential selection.
Exciting times are ahead for Aecon.