TSE:IBG

IBI Group (IBG.TO)

19.48
-0.01 (0.05%)
as of Sep 28, 2022, 8:00:00 pm Market Open.
32 watching
0
TOP PICK
Federal budget is coming out this week and a lot of it will be going towards infrastructure. Does a lot of civil contracting for municipal development. 11% yield. Business model is to buy out engineering and architecture firms and consolidate them.
BUY
(Ed. BNN screen showed IBI Corp (IBI-X), a gold company, but is obviously wrong.)Professional services and consulting engineering firm, very much tied to global infrastructure such as urban development, transportation, systems design etc. Very high EBITDA margins. Like this whole area. Cheap relative to competitors.
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