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.

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ADF Group Inc

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Post by manucastleon Dec 18, 2024 4:34am

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Post# 36367504

Recency Bias

I think we all suffer from recency bias at times and I thought I would supply a contra indication to all the negative comments that DRX as suffered over the last few months :-

DRX was at it’s recent lowest on the 26th November. since that date -

s&p 500 598 - 604.29 = + 1.05%
IWC 135.74 - 135.05. = -(0.05%)
IWM 239.43 - 231.07 = -(3.5%)
JX 599.65 - 597.25 = -(0.4%)

DRX. 8.00 - 10.27. = +28.38%

It is early days but do not let all the negative opinions out there bias the positives of this very misunderstood and profitable company.

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