Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Possibleidiot01on Dec 12, 2024 11:28am
96 Views
Post# 36358985

RE:RE:NCIB

RE:RE:NCIBHich1205 , your intrepretation for the most part is good but you seem to be missing some intent IMO.

"Once a week, in addition to this daily limit, the Corporation may also repurchase a block of Subordinate Voting Shares that is not directly or indirectly owned by an insider"

No purchases under the block exemptions from insiders in any form.

Company does appear to have heard criticism.




Hich1205 wrote: It's just a fancy way to say they may acquire shares through block trading ie. large transactions on a private basis with a seller since the limit for the repurshase is 34991 on the floor-public trading 

Overall, business is declining, backlog is shrinking but their margin are higher. Backlog is the main concern, the lowest since 2020



<< Previous
Bullboard Posts
Next >>