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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.


TSX:DRX - Post by User

ADF Group Inc > Have investors lost the plot?
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Post by colouramaon Sep 12, 2024 10:18am
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Post# 36220202

Have investors lost the plot?

Have investors lost the plot?Is this a reaction to a lack of growth of backlog? I mean, contracts signings are lumpy and if anyone spends a minute they'll see that backlogs don't rise every quarter.

Also, the company has accumulated 76 million in cash, AFTER spending on the share buybacks in June, and just had the best EPS quarter in its history. So I am bemused by the price action this morning.

What exactly are people looking for?

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