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Bullboard - Stock Discussion Forum Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public... see more

TSX:ARE - Post Discussion

Aecon Group Inc > On the bright side
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Post by goldens on Dec 19, 2022 1:00pm

On the bright side

The dividend is not paying almost 9% so at least we are keeping ahead of inflation. Yippee!
Comment by Tommy123 on Dec 19, 2022 2:21pm
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Comment by babedinkleman on Dec 19, 2022 3:39pm
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Comment by sicnarf2 on Dec 19, 2022 4:25pm
Agree , some of these including this one is starting to look cheap .
Comment by JayBanks on Dec 19, 2022 8:56pm
  Same here and most of my watch list... it was a little un-nerving... My feelings is it's a bunch of tax loss selling as it seemed to affect names that have been lower through the mid to late point of the year (which is most of the TSX lol) penny stocks seem to be holding ground quite well or at least the ones I watch...
Comment by babedinkleman on Dec 19, 2022 10:15pm
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Comment by JayBanks on Dec 19, 2022 11:08pm
  I like the cheapness idea even tho I'm not really into consumer products/fashion, I will monitor it... The P/E is good but it seems to always trade in the low range... I got anouther one similar Tree Island Steel, (TSL) and it pays a dividend, I'm trying to figure this one out because it makes a great list of customer products mostly for mid level construction, I'm pretty ...more  
Comment by givemeabreak1 on Dec 20, 2022 1:55am
Right now I would not put your money in Reitman's.  I spent some time upper management and purchasingin the retail sector.  The company I worked for like Reitman's went through Chapter 11 restructuring.  Everthing went OK for a little while because you basically cleaned the balance sheet of most debt.  About 18 month later we were in trouble again only this time it was ...more  
Comment by babedinkleman on Dec 20, 2022 8:37am
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Comment by givemeabreak1 on Dec 20, 2022 2:23am
Babe as I said, spent some time on the consumer retail sector and walked a company through chapter 11.  You need to take a better look at their financials.  Sales have been going down.  They have about 65 million in real estate assets where the prices are falling so they would likely get more like 50 - 55 million.  Two class share as you said really bad thing.  Reitman' ...more  
Comment by babedinkleman on Dec 20, 2022 8:26am
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Comment by RickBlaine on Dec 20, 2022 5:57pm
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