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ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

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

Comment by colouramaon Sep 12, 2024 10:42am
101 Views
Post# 36220261

RE:conference call

RE:conference callCan't understand the panic selling - some delayed revenue pushed into a later quarter, backlog which is about flat, but usually jumps on large contract signings, and customer concentration which is exactly the nature of the business and always has been.

Meanwhile, the company has 76 million in cash, and earned more than 0.50cents this quarter. Am I missing something?

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