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Bullboard - Stock Discussion Forum ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

Steel Steel
ADF Group Inc. is a Canada-based company. The Company is engaged in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel-built ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. Its products and services are intended for the five... see more

TSX:DRX - Post Discussion

ADF Group Inc > infrastructure stocks reporting great results
View:
Post by microcaphobby on May 06, 2024 9:09pm

infrastructure stocks reporting great results

After hours today STRL Sterling Infrastructure, Inc.  reported great results. They project $5.00-$5.30/share  this year and stock trading at 20 times  this year's earnings.  ADF has got be worth at least $20/share already. First  q numbers out in 30 days. I predict  ADF hits  $20 by  June 15th. 30% gain in 6 weeks.
Comment by microcaphobby on May 07, 2024 11:41am
STRL is up 13% today, a historic high for the company. another cmpnay benfitting from infrusutrcute spending . The trends across each of our business segments remain strong We believe 2024 will be another excellent year for Sterling.  Based on the high end of our 2024 guidance, our revenue would grow 12%, our net income would increase 23% and our EBITDA would improve 16%,"
Comment by laurencelefou on May 09, 2024 10:23am
More data from Sterling Inrastructure Q1-2024 results Cash flows from operations totaled $49.6 million for the first quarter Cash and Cash Equivalents totaled $480.4 million at March 31, 2024 Backlog at March 31, 2024 was $2.35 billion Combined backlog at March 31, 2024 was $2.42 billion Another company to look at is Innovate (VATE).  Innovate owns Shuff  Steel ...more  
ADF Group Inc