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Aecon Group Inc (ARE-T)

ON STOCKCHASE SINCE Jun 2001

contractors

Aecon Group Inc
ARE-T

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Signal	Opinion	Expert
DON'T BUY	Aecon Group Inc(ARE-T) March 20, 2019 Very well-run and he likes it. Last year, a Chinese company tried to take over ARE. Since then, ARE has rebuilt. There are problems with SNC that could benefit peers like ARE. ARE's valuation is too high for him. He may step in if that valuation were 10-15% lower. contractors 0 0 0 0 0 0 comments	Very well-run and he likes it. Last year, a Chinese company tried to take over ARE. Since then, ARE has rebuilt. There are problems with SNC that could benefit peers like ARE. ARE's valuation is too high for him. He may step in if that valuation were 10-15% lower. contractors 0 0 0 0 0 0 comments Michael Sprung President, Sprung Investment Ma... Price $17.980 Owned No

WEAK BUY	Aecon Group Inc(ARE-T) March 13, 2019 3-5-year horizon, given Ontario government planning $30-billion infrastructure spending A good company that will do well in that time horizon. Caveat: Capex projects like the one Ontario is announcing take a long time to get going. Instead, look at an infrastructure's backlog of projects--buy when that backlog is going up. contractors 0 0 0 0 0 0 comments	3-5-year horizon, given Ontario government planning $30-billion infrastructure spending A good company that will do well in that time horizon. Caveat: Capex projects like the one Ontario is announcing take a long time to get going. Instead, look at an infrastructure's backlog of projects--buy when that backlog is going up. contractors 0 0 0 0 0 0 comments Douglas Kee Chief Inve, Leon Frazer & Associ... Price $18.350 Owned No
WEAK BUY	Aecon Group Inc(ARE-T) March 7, 2019 The offer to take them out was blocked. It is rebounding after the selloff. The stability is there. The new CEO brings global experience. It should bode well for them expanding well outside of Canada. It has a strong balance sheet. This would be his pick in the space. contractors 0 0 0 0 0 0 comments	The offer to take them out was blocked. It is rebounding after the selloff. The stability is there. The new CEO brings global experience. It should bode well for them expanding well outside of Canada. It has a strong balance sheet. This would be his pick in the space. contractors 0 0 0 0 0 0 comments Kash Pashootan CEO & Chie, First Avenue Investm... Price $18.970 Owned Unknown
COMMENT	Aecon Group Inc(ARE-T) January 18, 2019 ARE-T, WSP-T or SNC-T? He owns SNC-T, which has had its issues alongside the Canadian-Saudi Arabia situation. Fundamentally the company performs well. He owns STN-T. He was expecting this space to see better investment following the Canadian government plans to add to infrastructure. He has grown cold to the space as a whole. contractors 0 0 0 0 0 0 comments	ARE-T, WSP-T or SNC-T? He owns SNC-T, which has had its issues alongside the Canadian-Saudi Arabia situation. Fundamentally the company performs well. He owns STN-T. He was expecting this space to see better investment following the Canadian government plans to add to infrastructure. He has grown cold to the space as a whole. contractors 0 0 0 0 0 0 comments Norman Levine Managing D, Portfolio Management... Price $18.500 Owned _N/A
BUY	Aecon Group Inc(ARE-T) January 14, 2019 We are off our highs. Our lows are higher and that is good. Seasonally it is a good time. This is the time of year they do well and technically they look good. contractors 0 0 0 0 0 0 comments	We are off our highs. Our lows are higher and that is good. Seasonally it is a good time. This is the time of year they do well and technically they look good. contractors 0 0 0 0 0 0 comments Brooke Thackray Research A, Horizons ETFs (Canad... Price $18.330 Owned Unknown
PAST TOP PICK	Aecon Group Inc(ARE-T) December 10, 2018 (A Top Pick Oct 25/17, Up 9%) It's been a rollercoaster, given the Chinese bid that Ottawa struck down earlier this year. He sold at $19. He'd look at re-buying it. In this sector, he'd look at this and Stantec. contractors 0 0 0 0 0 0 comments	(A Top Pick Oct 25/17, Up 9%) It's been a rollercoaster, given the Chinese bid that Ottawa struck down earlier this year. He sold at $19. He'd look at re-buying it. In this sector, he'd look at this and Stantec. contractors 0 0 0 0 0 0 comments Michael Sprung President, Sprung Investment Ma... Price $17.420 Owned No
TOP PICK	Aecon Group Inc(ARE-T) November 28, 2018 It had a rough ride lately, because Ottawa killed a Chinese deal earlier this year. It now scores in the top 2% of his valuation. It's picked up strong price momentum. They have a huge backlog of projects. Well-positioned. (Analysts’ price target is $22.15) contractors 0 0 0 0 0 0 comments	It had a rough ride lately, because Ottawa killed a Chinese deal earlier this year. It now scores in the top 2% of his valuation. It's picked up strong price momentum. They have a huge backlog of projects. Well-positioned. (Analysts’ price target is $22.15) contractors 0 0 0 0 0 0 comments Jason Mann CIO & Co-F, Edgehill Patners... Price $19.220 Owned Yes
BUY	Aecon Group Inc(ARE-T) November 21, 2018 Was his top pick 3 months ago. Their Q3 earnings were up YOY , beating consensus by 10%. Infrastructure margins were up with room to run. Their backlog is up from $4 billion last year to $7 billion. Trades at a cheap 14x. He sees growth with a $23 price target. He likes it. contractors 0 0 0 0 0 0 comments	Was his top pick 3 months ago. Their Q3 earnings were up YOY , beating consensus by 10%. Infrastructure margins were up with room to run. Their backlog is up from $4 billion last year to $7 billion. Trades at a cheap 14x. He sees growth with a $23 price target. He likes it. contractors 0 0 0 0 0 0 comments Greg Newman Director &, Scotia Wealth Manage... Price $18.690 Owned Unknown
COMMENT	Aecon Group Inc(ARE-T) October 29, 2018 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. contractors 0 0 0 0 0 0 comments	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. contractors 0 0 0 0 0 0 comments Bruce Campbell President, Campbell and Lee Inv... Price $18.640 Owned No
BUY	Aecon Group Inc(ARE-T) October 23, 2018 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. contractors 0 0 0 0 0 0 comments	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. contractors 0 0 0 0 0 0 comments Kash Pashootan CEO & Chie, First Avenue Investm... Price $16.770 Owned No
TOP PICK	Aecon Group Inc(ARE-T) October 11, 2018 There is great value in the company. Earnings are expected to grow 33% in 2019 and 25% in 2020. They announced an agreement to sell their contract mining business. They should be in a net cash positive position afterwards. It is a buying opportunity. (Analysts’ target: $20.50). contractors 0 0 0 0 0 0 comments	There is great value in the company. Earnings are expected to grow 33% in 2019 and 25% in 2020. They announced an agreement to sell their contract mining business. They should be in a net cash positive position afterwards. It is a buying opportunity. (Analysts’ target: $20.50). contractors 0 0 0 0 0 0 comments Robert McWhirte President, Selective Asset Mana... Price $16.170 Owned Yes
TOP PICK	Aecon Group Inc(ARE-T) September 28, 2018 Have acquired significant infrastructure projects, so now have a record backlog. Sees growth at 35%. Balance sheet in good shape. Trades at discount to peers. Really good growth rate, nice dividend. Upside over next 12-24 months. Yield is 3.1%. (Analysts’ price target is $20.05.) contractors 0 0 0 0 0 0 comments	Have acquired significant infrastructure projects, so now have a record backlog. Sees growth at 35%. Balance sheet in good shape. Trades at discount to peers. Really good growth rate, nice dividend. Upside over next 12-24 months. Yield is 3.1%. (Analysts’ price target is $20.05.) contractors 0 0 0 0 0 0 comments Greg Newman Director &, Scotia Wealth Manage... Price $16.230 Owned Yes
TOP PICK	Aecon Group Inc(ARE-T) September 7, 2018 He buys on weakness. They have a record high backlog, and if they price it right, they’ll make good money. The Feds have allocated a lot of money to infrastructure, and Aecon should benefit. Valuation is temporarily cheap. He’ll be looking to sell in the high $20s. Yield is 3%. (Analysts’ price target is $19.81.) contractors 0 0 0 0 0 0 comments	He buys on weakness. They have a record high backlog, and if they price it right, they’ll make good money. The Feds have allocated a lot of money to infrastructure, and Aecon should benefit. Valuation is temporarily cheap. He’ll be looking to sell in the high $20s. Yield is 3%. (Analysts’ price target is $19.81.) contractors 0 0 0 0 0 0 comments Fabrice Taylor Publisher, The President's Club... Price $16.770 Owned Yes
DON'T BUY	Aecon Group Inc(ARE-T) August 30, 2018 Model price is $14, so it is below where it is trading at. It is at EBV plus 1, and we have not had a breakout. Wait for a buy signal. He thinks it will come back. There are better opportunities elsewhere. contractors 0 0 0 0 0 0 comments	Model price is $14, so it is below where it is trading at. It is at EBV plus 1, and we have not had a breakout. Wait for a buy signal. He thinks it will come back. There are better opportunities elsewhere. contractors 0 0 0 0 0 0 comments Brian Acker, CA Chief Exec, Acker Finley Inc.... Price $17.430 Owned Unknown
BUY	Aecon Group Inc(ARE-T) July 26, 2018 He thinks that they had done a lot. Their backlog is at a record and capable of growing from here. He sees growth at 35%. Trades at 14.9 times 2019. Cheap. Balance sheet is OK. It is a better company now than when the Chinese company wanted to acquire it and was blocked by Ottawa. contractors 0 0 0 0 0 0 comments	He thinks that they had done a lot. Their backlog is at a record and capable of growing from here. He sees growth at 35%. Trades at 14.9 times 2019. Cheap. Balance sheet is OK. It is a better company now than when the Chinese company wanted to acquire it and was blocked by Ottawa. contractors 0 0 0 0 0 0 comments Greg Newman Director &, Scotia Wealth Manage... Price $15.300 Owned Yes

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