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TSE:ARE

Aecon Group Inc (ARE.TO)

43.71
-0.37 (0.84%)
as of Jun 19, 2026, 8:00:01 pm Market Open.
277 watching
0
COMMENT
Up 47% since their October low. Has been a tough story for a long time. He avoided this because it has disappointed so many times. It may be that they have finally got everything aligned. Seem to be getting new contracts with some margin improvement.
COMMENT
Just reported and profit was up 85% compared to last year. Have a growing backlog. Dividend is safe. (See Top Picks.)
COMMENT
Has to be a lot of spending on infrastructure and this company will get its fair share but governments are reining in their spending, so is now the time to buy construction company. Fairly small and will bounce around a lot.
DON'T BUY
Feels there are some good things going on in this company. Have made some shifts in management to address their problems. Expect they would do better going forward. Has a ways to go to prove itself with investors again. 2% yield.
BUY
They are starting to get through their older contracts with lower margins. They are really well positioned out west and getting a lot of business in Ontario. Could easily trade into the low teens. Pushing through the old unprofitable contracts.
BUY
Positive fundamentals have a positive impact on the stock. It broke the downward trend line and went through a resistance level. It is the season for this sector right now. $10.50 and $12 are resistance levels.
HOLD
Announced a slew of contracts in the last week. It is quite cheap. 26% of expected backlog announced in the last 5 days. With upcoming results he expects large increase.
SELL
Chart shows a distinct 2 year downward trend. There are a lot better technical patterns than this one.
HOLD
In the penalty box. Stumbled on a fixed price contract and lost money. With any kind of an up tick in infrastructure, they should do well. If you own, he would be tempted to hold on.
TOP PICK
7% bonds due 2014. Pristine balance sheet. Almost have no debt. Not looking to have it converted into equity.
COMMENT
Seasonal strength for the industrial sector is from November until May of each year. The chart on this one seems to be showing some stability and is trying to form a support level. Look for a test of that support level in September and if it holds, it is a very encouraging sign.
PAST TOP PICK
(Top Pick Aug 5/10, Down 29%) Sold it a while ago. Had a number of quarters in a row where they could not execute. He lost patience.
HOLD
Disappointed on a large fire bag contract in Fort McMurray where they lost $50 million. Last quarter was the 1st one where they were a little bit better.
TOP PICK
7% Convertible Bond due 2014. This is almost like a guarantee, because there is little to no debt on their balance sheet. If the stock recovers and goes up, this is convertible.
HOLD
This was an infrastructure story and everybody bought into it but it didn't work out. Chart shows a very complicated correction but you are now at a higher low so he would stay with it.
Showing 271 to 285 of 417 entries