RE:RE:Valuation - NYU Stern Damodoran database Imagine if under optimistic scenario, margins come in at 12% as I think and hope aecon will achieve. I strongly believe that Aecon is on the path to overachieving margins through numerous internal undertakings to obsessively slash all costs at all costs but not sacrificing safety.
Gabs , totally agree with your formulas for best/ worst scenarios and the average share projection.
The Canadian politics will resolve itself, Trump will soon spark tons of daily initiatives. His 25% tariffs threat is theatrical as he obviously wants something from us , such as safe boarders , so he throws a big net in the water and hopes to reel in some minnows. USA Canadian relations will remain strong! He will have tons of domestic and International issues to deal with and avoid serious confrontations with good neighbour Canada.
The GOOD NEWS is that the Infrastructure construction sector will continue to GROW as both Countries will need to accelerate their need to keep up with the aging infrastructure and the need for new growth in populated areas that will require increased investment in nuclear,utilities, roads , transit and much more. Aecon is in enviable position in the USA , as I believe Trump will invest FIRSTLY in America within the energy, nuclear, utilities, from which Aecon will significantly benefit from as purchasing United Engineers and Constructors was very deliberate through Brookfield- Oak Tree investment.
Aecon is well positioned and poised to rock'n roll in USA.
They say when it rains it pours! We are just seeing the tip of the iceberg with the Oak Tree investment that just led to Brookfields Westinghouse 2 agreements that will result in endless opportunities. Brookfield deliberately opened new headquarters in New York, thus spreading their wings within the new republican administration. Aecon will clearly be the beneficiary of rubbing shoulders with Brookfield/ Oak Tree powerhouse conglomerate.
Patience will prevail as the best is yet to come and on its way. Fully agree with Gabriel that the share buybacks must reach 60 million shares or below and I believe this is on its way.
2025 will be the year that will show good results from the hard work that was done in 2023 /2024 transformational. The ultra disciplined management style in 2024 will spill into 2025 thus ensuring that the desired results and outcomes will materialize as PROMISED. 2025 is the year to mope the problematic projects and in fact I am clearly tired of hearing it. Hopefully management overstated future losses in these legacy projects and surprise us with lower final projected number and win some of their lawsuits that they absolutely deserve positive resolutions.