Make no mistake, with all the work to be done in the infrastructure sector over the many
years to come, ADF will win some good ones.
Right now, they have a good order book that will keep them busy until 2026.
Go back and have a look at their revenu from 2005 to 2021( nd their profitability).
There are no comparison what's so ever.This is a very different company.
the turn they made was with their investment in technologies.
I know, they are still looking to improve the technologie side of the business.
But before investing, they will have to be sure that it will be accretive(that is what i was
told at the AGM).
They have the luxury of being more picky.
Obviously, most of us, small investors would like to know who is the customer who
as delayed the instalation.
Management said it was only delayed.We will find out in a few months
The 35 million is on instalation.Are the 300 truck load of fabricated steel being covered if
the projet were not to go through?Hopefully yes.
In any event, this would have a small hit on earnings but would not be a game changer or even less life threatening.
I just saw that the Ottawa Senator will have their new Arena built near the Parliament.
The Ottawa Senators have made it happen at the last minute. On Friday, which was the deadline to reach an agreement, the Senators have a deal in place with the National Capital Commission (NCC) to build a new NHL arena – technically an events centre – at LeBreton Flats. LeBreton Flats is located just two kilometres (or 1.24 miles) southwest of Parliament Hill and three kilometres southwest of the ByWard Market. ADF were the one who built the steel structure for the Videotron arena in Quebec(see below).
Once again, i am not implying that ADF will win the steel structure of this new arena to be built.
I am only pointing out that there are and will continue to have a lot of works for the ADF and the Canam of thiis world for years to come.
Once the US election done,company will have more clarity and we could see some announcement in early 2025.
I, as a shareholder am not concern with this short term price correction.
I think the stock is very cheap but since i don't have a cristal ball,who knows how
long this very cheap valuation persist?
Obviously, for those who have bought at much higher price must feel ( an with reason)
very differently then me.
Nice weekend to all.
Videotron Centre is a multi-sport venue located in Qubec City.
Also called the New Qubec City Amphitheatre, it can seat 18,259 spectators and accommodate 20,396 spectators when the area transforms into a show venue. It is on its way to becoming the second largest show venue in the province. Its construction began in 2012 and it was inaugurated on September 8, 2015.
ADF was contracted to erect the steel structure for this 65,037-square-meter building. In total, we used about 8,000 tons of structural metal, including ten steel master trusses measuring 321 feet long
by 14 feet high.