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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 > Likely buyer .. has USD 2.7B cash and trading at 12x EBITDA
View:
Post by Gabriel on Aug 22, 2024 8:57pm

Likely buyer .. has USD 2.7B cash and trading at 12x EBITDA

Fluor - EPS 2024 projected at 2,50-3.00$ and EBITDA at ~ 650m USD
Margins on new awards over 150% points over the existing backlog,

https://financialpost.com/pmn/business-wire-news-releases-pmn/fluor-joint-venture-celebrates-connection-of-gordie-howe-international-bridge-deck
Comment by Gabriel on Aug 22, 2024 9:02pm
ChatGPT thoughts and considerations below... https://www.dropbox.com/scl/fi/xxt0f8c8y44lfa3lv84c8/Screenshot-2024-08-22-at-20.59.08.jpeg?rlkey=qhshb3iavptwt5tkj03sgoh94&dl=0
Comment by Henrye on Aug 23, 2024 11:24am
Gabriel, clearly we strongly believe that now is not the time to have Fluor or anyone buy our company. Firstly we would like to see the expected backlog to adjust to minimum 12 billion dollars which will signify future revenue accompanied by much stronger margins, therefore meaningful bottom line . Plus there are other expected exciting announcements in the pipeline in the near future .  So ...more  
Comment by Henrye on Aug 23, 2024 12:43pm
May I add , there most likely will be further,up to 3 interest rates reductions in the 2024 starting early September, making it " ICING ON THE CAKE " for the infrastructure industry thus benefiting Aecon significantly. Perfect timing for reductions so important in stimulating growth ,  bottom line and acquisitions!!'  So of course another reason to scoop quality companies ...more  
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