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Aecon Group

Buy Aecon Group stocks

AECON GROUP (ARE) Stocks

ABOUT AECON GROUP

Aecon Group Inc., a Canadian construction company, was founded in 1877 and has its headquarters in Toronto. The company provides services to private and public-sector clients.

The company was previously known as Prefac Concrete Co Ltd, and changed its name to Aecon Group Inc. in June 2001. The company is a leader in the provision of project development, financing, investment and management services through its Concessions segment.

Aecon produces construction materials such as asphalt and aggregate materials, as well as pre-construction and pre-fabrication materials developed in eight company-owned fabrication facilities across Canada.

Aecon Group Inc. boasts a proud Canadian heritage as its projects have a positive impact in the communities it operates in. It further takes great pride in its first-rate safety culture.

The company has been named one of Canada’s Best Employers every year since 2007. Today, the company employs about 12 000 people across its operations.

OVERVIEW OF AECON GROUP

  • Aecon Group Inc. conducts its operations through three primary segments: Infrastructure, Industrial and Concessions.

  • Infrastructure is involved in the construction of roads and bridges, rail and transit systems, municipal road construction, asphalt production and aggregates, material engineering and design, and foundation activities.

  • It also focusses on hydroelectric, tunnel, airport and transportation infrastructure projects. It further provides fabrication, modularization, field installation, and plant maintenance turnaround services.

  • Industrial constructs steam-assisted gravity drainage systems, turnkey well-pad and field facilities, liquefied natural-gas plants and gas-compression facilities.

  • It further engages in gas-pipeline construction, water and sewer construction and high voltage transmission projects, to name but a few.

  • The Concessions segment constructs, finances and operates infrastructure projects through build-operate-transfer-, build-own-operate-transfer-, and other public-private partnership contract structures.

VISION & VALUES OF AECON GROUP

  • Aecon Group Inc. is a master at balancing agility and process efficiency, as well as maximizing profitability.

  • Shareholders who purchase company shares are assured of optimum value. Its primary focus is safety. It works hard to maintain its zero-injury culture.

  • Business is conducted in a professional and respectful manner, and operations are characterized by integrity and a passion for excellence.

MARKET PERFORMANCE OF AECON GROUP

  • Aecon Group Inc. trades on the Toronto Stock Exchange (TSE) under the stock symbol ARE.

  • The company performs excellent in its market. For the third quarter fiscal 2019, for example, the company recorded revenue of US Dollar 1.205 million, an increase of 1% over the previous cycle.

  • Adjusted EBITDA was US Dollar 91.1 million, an increase of US Dollar 1.6 million. Operating profit also improved by US Dollar 2.6 million to US Dollar 56.2 million.

  • Shareholders who buy or sell company shares can therefore expect solid dividends and returns.

Buy AECON GROUP stocks / shares – A Step by Step Guide how to Buy / Purchase AECON GROUP Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy AECON GROUP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN AECON GROUP STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE AECON GROUP STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of AECON GROUP stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy AECON GROUP stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Picture of Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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