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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.


TSX:ARE - Post by User

Comment by Ronbromleygrosson Sep 28, 2024 11:29am
89 Views
Post# 36245354

RE:RE:RE:RE:RE:RE:RE:NCIB part II

RE:RE:RE:RE:RE:RE:RE:NCIB part II

Garbriel

I thought you mentioned that ATRL was going to have this very strong growth going forward with its "engineering best"  in class for nuclear and other unique specialties they pocess.   Not sure why you would sell your remaining stake there?   Do you see it's sp being limited but you see Aecon as the bigger bargain right now in terms of valuations, backlog, growth ahead, cash flows, future backlogs not booked but there right now, buyout potential, etc, etc, etc.  

Let me know exactly as I too am on the fence right now about adding more Aecon (my avg price $17.04).  Was looking for the pullback here after a pretty good run we had over the last few months but we have not seen any material pullback I was hoping for to add more. 


At $20.78 right now, just wondering myself if I should just bite the bullet and go large now instead of waiting.  If what you and Henry say about getting to a sp of $30 plus in 2025 holds true and comes to fruition, then it's pretty much a no brainer to just buy the extra shares I wanted right now and not be picky about nickle and diming my purchases with limit prices.

Thoughts gang?? 

Ron

Yeah 

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