Post by
Henrye on Aug 10, 2024 11:20am
Food for thought re Aecons valuation
Simple Quiz
if
6 billion backlog = $17.50 per share
then
12 billion backlog = ??????
hint
the new backlog that is being valueated as we speak will be of exceptional well thought out more predictable consistent high end margin variety.
12 billion upcoming new total is not an if , it's on it way soon.
This new total will be generated from 5 significant projects that we all know it's in the pipeline.
I will go on record to predict several other significant awards that they are awaiting to be awarded over next 3 - 9 months to create the backlog way past the 12 billion of historical proportions!!!! The INSIDERS know it!!! Next 36 months will be exceptional for infrastructure significant growth!!!! Perfect storm is developing for Aecon especially now that they are clearly disciplined, methodical, deliberate, and do not chase projects for the sake of revenue ! Exceptional margins/ profitability is the only vocabulary they now use as a religion.
All have a real good weekend!!!
Comment by
LComrade on Aug 12, 2024 6:06pm
I hope you are correct. And I also hope that Aecon is paying you per exclamation point :)