Post by
Gabriel on Aug 07, 2023 5:18pm
Question to Ron
When the backlog of a contractor is above the roof, what happens with the profit margins and contingencies for the next job he bids on?
Comment by
Gabriel on Aug 07, 2023 5:22pm
You know they built the 407 (as Armbro) and the trans Israel highway (I was with John Beck founder of Aecon and minister Art Eggleton (Toronto representative) on a trade mission to Israel then). The CN tower...
Comment by
Gabriel on Aug 07, 2023 5:40pm
So let me know when you move in and I will double my position.
Comment by
Ronbromleygross on Aug 07, 2023 5:50pm
OMG Gabriel You got me excited here.- No one ever doubled down on their investment when I initiated a position on anything- lets see. lololo Boy oh boy I wish I had your good financial fortune. Ron
Comment by
Alexcanada on Aug 07, 2023 10:29pm
I'll initiate a position at 10.50 (1/4 x 10000K shares)
Comment by
Alexcanada on Aug 08, 2023 12:50pm
Gab What is your opinion on the safety of the dividend ? I can see a great opportunity to buy if they decide to reduce it ? (Why was this not done up to now ?) Thanks
Comment by
Alexcanada on Aug 08, 2023 7:07pm
Thanks for your input. Just read as well the last report on ARE from NBCFM Research dated July 27th (Sytchev). Interesting. It is definitively on my radar.
Comment by
Gabriel on Aug 09, 2023 9:15am
The 81m projected loss that was booked in Q2 is the most likely enveloppe that the company expects to incur to close the 4 LSTK projects at zero profit. All other things being equal that would be it.