Aecon Group Inc | StockChase
315
Aecon Group Inc (ARE-T)

Last Price Recorded: $19.6500 on 2017-11-21

ON STOCKCHASE SINCE Jun 2001

contractors

Aecon Group Inc


Signal Opinion Expert

2017-11-17

PAST TOP PICK
Aecon Group Inc (ARE-T)

(A Top Pick Sept 28/16. Up 13%.) About to be taken over by a Chinese buyer, but he tends to think the government will step in and block the sale. He likes the whole space. He would come back to this in a heartbeat if the deal fell through.

contractors
Hap (Robert) Sneddon FCSI

Chief Portfolio Manager & Founder, Castlemoore Inc.

Price: $19.590
Owned: No

2017-11-02

PARTIAL SELL
Aecon Group Inc (ARE-T)

It is trading at a bit of discount to the price being offered by the Chinese.  There is some doubt that maybe they will not be allowed to be sold to the Chinese.  He does not own it and has another pick in the group.  You have probably made money on it and could sell half to lock in profits in case it does not happen.  It is 80-90% and not 100%.

contractors
Bruce Campbell (1)

President, Campbell and Lee InvMngmnt

Price: $19.350
Owned: No

2017-10-25

TOP PICK
Aecon Group Inc (ARE-T)

They are very well positioned to take advantage of more public infrastructure spending. They were looking at selling the company a while ago, but if it were to be sold, it would be closer to $20 than where it’s trading today.

contractors
Michael Sprung

President, Sprung Investment Management

Price: $16.520
Owned: Yes

2017-10-20

COMMENT
Aecon Group Inc (ARE-T)

Chart shows a series of higher lows, but no higher highs. Like all construction stocks, this is very volatile. 2 words of advice. 1.) Don’t put too much of your portfolio into a stock like this. 2.) If there is good news and the stock picks up, remember to take your profits. Dividend yield of 3%.

contractors
William Chin

Portfolio manager, Caldwell Investment Management

Price: $16.340
Owned: Unknown

2017-10-16

HOLD
Aecon Group Inc (ARE-T)

The longer term trend is up.  It is coming off the bottom of its trading range.  As long as it stays in the general uptrend, it would stay with the story.  You have to put up with the volatility. 

contractors
Keith Richards

Portfolio Manager, ValueTrend Wealth Management

Price: $16.360
Owned: Unknown

2017-10-13

DON'T BUY
Aecon Group Inc (ARE-T)

A good company. Results are a little weaker than what he would like. They used to earn a 9% ROC, but is now down to 5%. It doesn’t look that cheap right now.

contractors
Matt Kacur

President, FSA Financial Science and Art

Price: $16.780
Owned: Unknown

2017-09-28

PAST TOP PICK
Aecon Group Inc (ARE-T)

(A Top Pick Sept 23/16. Up 1%.) Had thought at the time that 2017 was going to be an off year, but anticipates very good growth for infrastructure beyond this year. They just put themselves up for sale. Trading at around 6.4, and he thinks it should fetch a multiple of around 8.5 if it gets sold. Very good balance sheet.

contractors
Greg Newman

Director & Portfolio Manager, Scotia Wealth Management

Price: $17.680
Owned: Yes

2017-09-13

PAST TOP PICK
Aecon Group Inc (ARE-T)

(A Top Pick Feb 17/16. Total return 7%.) Convertible 5.5% bond due Dec 1/18.

contractors
Paul Gardner, CFA

Partner and Portfolio Manager, Avenue Investment Management

Price: $17.780
Owned: No

2017-09-08

COMMENT
Aecon Group Inc (ARE-T)

He doesn’t know the seasonality of this particular stock. However, the company has been in the news in the last little while, as they have put themselves up for sale. The technical impact of this is very positive. The stock had been in an upward trend for the past 8 months, and on that news, it broke into a new high. It has overhead resistance at around $19.30. Looks quite interesting at current prices.

contractors
Don Vialoux

Research Analyst, TimingTheMarket.CA & EquityClock.COM

Price: $17.320
Owned: Unknown

2017-09-08

COMMENT
Aecon Group Inc (ARE-T)

He is positive on the construction side. Prefers SNC Lavalin (SNC-T), who also has a broad range of services to offer. Anybody in that business is going to do well in the next little while.

contractors
David Cockfield

Managing Director, Northland Wealth Management

Price: $17.320
Owned: No

2017-08-29

HOLD
Aecon Group Inc (ARE-T)

Has just announced that it is exploring a potential sale of the company. If you own it, he would wait to see what happens. Construction is a lumpy business.

contractors
Barry Schwartz

CIO & Portfolio Manager, Baskin Wealth Management

Price: $16.920
Owned: No

2017-08-28

HOLD
Aecon Group Inc (ARE-T)

The breakup value of the company is around $21-$22.  He would hold on for sure right now because they are entertaining offers.  The stock is not up that much yet.  Watch it like a hawk and if you see it at $18-$19, then that is when you consider selling.  He holds SNC-T.  ARE-T is primarily Canada and is cyclical.  It has the most energy exposure.

contractors
Bruce Campbell (1)

President, Campbell and Lee InvMngmnt

Price: $16.840
Owned: No

2017-08-03

PAST TOP PICK
Aecon Group Inc (ARE-T)

Convertible 5.5% bond due Dec 1/18. (Top Pick Feb 17/16) He got out several quarters ago.  It had run up and was just yielding 4%.  He could reload if it ever came off.

contractors
Paul Gardner, CFA

Partner and Portfolio Manager, Avenue Investment Management

Price: $14.770
Owned: No

2017-06-06

COMMENT
Aecon Group Inc (ARE-T)

There are a handful of engineering/construction companies in Canada. This had a big run up with all the big infrastructure stocks. A pretty good company. Very cheap valuation. The quarters kind of bounce around depending on whether they have a contract hitting the quarter or not. A solid name, but would prefer WSP Global (WSP-T), more of an international company that has made some great acquisitions. Even Stantec (STN-T) looks a little better on their history and long-term record of profitability.

contractors
Peter Hodson

CEO & Head of Research, 5i Research Inc.

Price: $15.320
Owned: Unknown

2017-05-02

COMMENT
Aecon Group Inc (ARE-T)

He tends to favour engineering names such as SNC-Lavalin (SNC-T). Construction names are a lower margin business, and end up being hyper competitive, and results never seem to trickle down to the common shareholder. If looking for exposure to construction and stimulus spending, focus more on the engineering side.

contractors
Daniel Lloyd

Founder & Portfolio Manager, Sui Generis Investment Partners

Price: $15.980
Owned: No

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