17:02:43 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



ADF Group Inc
Symbol DRX
Shares Issued 18,282,435
Close 2016-07-22 C$ 2.65
Market Cap C$ 48,448,453
Recent Sedar Documents

Inv Reporter says hold ADF Group

2016-07-22 21:57 ET - In the News

The Investment Reporter, in its July 15, 2016, issue, says hold ADF Group Inc., recently $2.86. The Reporter said buy four times from Nov. 21, 2008, to Nov. 15, 2015, at prices ranging from $1.43 to $2.61. Assuming an investment of $1,000 for each of the four buys, the $4,000 position would now be worth $6,226. The Reporter regularly reviews the Montreal-based steel fabrication company on the back page. ADF is expected to earn 10 cents a share in the year ending Jan. 31, 2017. Based on this estimate, the stock trades at an "excessive" price-to-earnings ratio of 28.6. While the Reporter did not provide exact figures, it points out the company's price-to-cash-flow ratio is also "unattractively high." The stock is a hold even though the shares trade below the company's book value. Elsewhere in the newsletter, the Reporter advises buying high-quality dividend aristocrats, i.e., companies that have raised their dividends for at least five consecutive years. Such stocks will help you generate more income and beat inflation.

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