Aecon Group Inc
ARE-T
108 watching
About Aecon Group Inc (ARE-T)
0
0
0
0
0
Your Reaction
(A Top Pick Jun 13/18, Up 27%) It is hard to make money in these construction companies. They had a good backlog and SNC-T is having trouble bidding on contracts. They are great until they have one of these big write-down's. The company has never looked better.
She doesn't own this space, because these companies suffer cost overruns on the construction side. Also, government pledges to build infrastructure a few years ago have been slow to ramp up. These companies also need to make acquisitions to grow. She is watching WSP Global which is purely in services--and she prefers WSP.
She doesn't own this space, because these companies suffer cost overruns on the construction side. Also, government pledges to build infrastructure a few years ago have been slow to ramp up. These companies also need to make acquisitions to grow. She is watching WSP Global which is purely in services--and she prefers WSP.
They reported a good number lately, but failed to go private. It's too energy-centric for him. It's fully valued now after failing to go private.
They reported a good number lately, but failed to go private. It's too energy-centric for him. It's fully valued now after failing to go private.
STANTEC vs. AECON - He's studying the infrastructure space closely. He has no criticism about Stantec, but he prefers Aecon for its balance sheet ($260 million in cash) and low debt. And its new CEO has global experience, which is a catalyst for Aecon and will help them go global. He hasn't bought ARE yet, but will.
STANTEC vs. AECON - He's studying the infrastructure space closely. He has no criticism about Stantec, but he prefers Aecon for its balance sheet ($260 million in cash) and low debt. And its new CEO has global experience, which is a catalyst for Aecon and will help them go global. He hasn't bought ARE yet, but will.
Comments
00000
(A Top Pick Jun 13/18, Up 27%) It is hard to make money in these construction companies. They had a good backlog and SNC-T is having trouble bidding on contracts. They are great until they have one of these big write-down's. The company has never looked better.