RE:RE:RE:Cheerful season nothwithstandingHenrye wrote: With this low price range, and continued interest rate drop , Aecon unfortunately is now a great takeover target to one or more buyers. Low borrowing cost is the formula to re spark acquisitions. I personally would be extremely disappointed if Aecon would sell now so prematurely. When the new backlog settles at 12 billion plus in 2025 , we all will be glad that we patiently waited! I have enormous amount of shares and will not blink and succumb to any swings! John Beck the chairman of the board, in person with a warm smile, said Henry, you are one of the longest, loyal shareholders and I want you to know that you will be glad you did! He inspired me with his enthusiasm! Dividend is lurking around the corner and more reinvested shares! The best is yet to come! Aecon- yours to discover! All have a great day!
As much as I appreciate your cheerful and excited demeanor, I personally believe your a little crazy (takes one to know one)...
"This low price range"- What the F%&K are you on?! A little over a year ago we were trading in the low 9s, and now your calling Mid 20s "low"? We are up 180+% from actual lows. Lets get more realistic and not try to create un-just, wild, excitement, maybe we are under valued in a few peoples opinions, but we are a far cry from where we were in the recent past. We have run further than I expected (I cant believe I've stayed in thus far 100%, but I have a twisted mind and would like to see the next dividend announcement for Ex March) and you have been right about that with others, but I'm starting to see cracks in a few people's forward looking visions where as I was more on board several months ago. (the $50 call for the near future I still think is overdone, even tho we have recently topped slightly sub 30)
"is now a great takeover target" - Your saying we weren't pre-August, before major take off, when we knew the books were pretty much cleared out already? I don't see myself as more intellegent than the decisionmakers for other industry comparables, but I/we seen value in this company in the sub-12s, that's when we should have been drawing take out interests. Where were we in the blocked deal, upper teens? I really question this idea even if we have a larger runway to go.
Also, how many insiders you talk to would openly state that they believe that your investment in the company is in trouble? Of course they are going to give off similar positivity that your putting out. You're just feeding continued confermation bias, which is un-healthy, even if it has been working. Only time I've seen negativity from company reps is when something poor has already happened/been identified, and even then they are always more positive for the long term outlook.
Lets back up the over hyping, we have all had a great run together, but lets keep reality between the white lines and on the black top.
I'm hoping after this step back (which shouldn't be un-expected on a run like this) we continue on a decent trajectory and we get a payout bump 6-15% in the next quarter. We are behind the normal pace for this name only gaining 2.7% in the past almost 3 years.