just cant get over this feeling that buying a scaffolding business right now.. is possibly a bad move.. Scaffolding requires new construction generally.
Anyways you and Muse are probably the two that do the most research on a company around here.. so ill slink away into my hole and watch the SP 2x from here haha
just cant get over this feeling that buying a scaffolding business right now.. is possibly a bad move.. Scaffolding requires new construction generally.
Anyways you and Muse are probably the two that do the most research on a company around here.. so ill slink away into my hole and watch the SP 2x from here haha
The nature of projects is the big thing...they aren't putting up scaffolds for residential construction that is for sure.
But I can't shake the feeling in terms of where the business is at in the cycle like you. When I glace at my portfolio tickers and I see ACF the first thing that usually pops into my head is "time to sell?" lol.
just cant get over this feeling that buying a scaffolding business right now.. is possibly a bad move.. Scaffolding requires new construction generally.
Anyways you and Muse are probably the two that do the most research on a company around here.. so ill slink away into my hole and watch the SP 2x from here haha
ACF have a record of exceeding their forecasts.
disc.A few months ago I sold a bit over half my holding,after buying in a few years ago at 37 cents.
Think you can c where I recycled the funds.
Clicked out a page and noted your last comments on both haha. I'm with you there, not here. Curious about this company though to see how they fare in the near future.
Clicked out a page and noted your last comments on both haha. I'm with you there, not here. Curious about this company though to see how they fare in the near future.
Low valuation + capable, aligned, conservative management forecast 2024 38% ebitda growth + strong balance sheet + strong track record (EPS CAGR 2018-2023 58%)= an excellent buy in my book.
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