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 > I am not impressed with management with how they handled the

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Comment by lifeisgood1010on Oct 07, 2024 12:48pm

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RE:I am not impressed with management with how they handled the

To buy back shares, a NCIB would have to be put in place witch DRX does not have.

IMO, they should put one and quickly, why don't they do so is a conundrum to me and

i agree with you Wizard, if the board thought that it was appropriate to buy at $17.31

Imagine at $10.43.Especially that DRX is and will continue to have excess cash on the balance sheet.

The Stock will be going sideway at best until we get good news.

Many investors seems to have lost faith in mngt and even more so in the board.

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Two micro-cap stocks with strong fundamentals