ADF Group Inc T.DRX

use of cash

[microcaphobby]

It sounds like  an increase in the dividend is coming by the 3rd q

[lifeisgood1010]

I certainely hope not.I want them to continu to grow the sales book. and to do so, they will need liquidity. Investors will come to realize what this new automated line + de 4 robot welders will  bring to the bottom line. After this jump in price, the stock will have it's up and down.But with every major new contract addition announcementthe SP will will hit new highs after new high

[microcaphobby]

I think we will have a better idea of the use of cash by the 3rd q. I suspect that if the backlog really builds  up they will go for the automation in Montana . Theyy got great loan terms in  Quebec. Not sure if the state of Montana will be as generous. 

[lifeisgood1010]

Again , i agree on that one.In the CC, they said that it would be a smaller line with no escalation cost and that the learning curve would be a lot easier. I think, they what to build extra financial strenght before commiting to another asset expansion. But from what we are withnessing, this automated line is really a game changer for DRX. At 1/6 of man power to produce the same tonnage, we are