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Bullboard - Stock Discussion Forum 2242749 Ont Ltd. AIIFF

"2242749 Ontario Ltd is a infrastructure and construction company, combining engineered solutions, relevant advice, dedicated people, products and a national presence with a local focus on exceptional customer service."

GREY:AIIFF - Post Discussion

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Post by jazz58 on Jul 16, 2014 11:55am

Debt

Hi, 
New to this particular board.
Sorry if this is obvious to some/most, but does anyone have a handle on ARF's overall debt?
What do they currently really owe, in total? I see references to credit facilities going back past 2011, but the news trail is difficult to follow.  With Ontario now promising to dump billions into infrastructure, this must be a good thing for ARF, or is the company debt preventing them from getting some of this work?  Any insight would be appreciated.
Jake.
Comment by flyfishing7777 on Jul 16, 2014 1:02pm
They're still winning bids out West, mind you, not super recently. Last big one I saw was the concrete precast sections for a new extension to Vancouver's skytrain that is currently being built. On a much smaller scale, they win bids in many BC Municipalities to sell concrete vaults, boxes, and pipe. Most people though still refer to the supplier as the old AE Concrete that ARF bought many ...more  
Comment by seeingeye on Jul 16, 2014 4:54pm
Close to current debt assesment from Raymond James  is available on line free at this site. https://client.raymondjames.ca/.../18ff8ae04f881c98cbb311880b5aa2c7....     Raymond James Ltd. | 2100 – 925 West Georgia Street | Vancouver BC Canada V6C 3L2. Armtec Infrastructure Inc. May 9, 2014. ARF-TSX. Company Comment. or google Raymond ...more  
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