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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

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Post by retiredcfon Dec 21, 2024 1:06pm
79 Views
Post# 36373669

Time to Buy

Time to BuyDRX has had a couple of good weeks. We liked the stock at $8.60 and would not change this view at $10. It is very cheap at 5X earnings, and sentiment got quite low. Since its high this year was near $21, it may have seen some tax loss selling, and the tick up in December may indicate this has ended or tapered off. We would be comfortable buying. (5iResearch)

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