Beck will depart once the company has found a new chief executive.Beck, who founded the company, is now embarking on a final push to promote the company sizeable project backlog, its healthy balance sheet and the strength of the Canadian market.Construction firms have been buoyed by a strong Canadian economy and gradual rollout of Ottawa $186.7 billion infrastructure spending program, which has provided several big ticket projects to engineering, procurement and construction (EPC) firms.On Thursday Aecon announced it won a $475 million contract with its joint venture partners to refurbish the Bruce nuclear power station in Ontario, following an earlier contract to restore the Darlington nuclear facility.The company backlog now stands at around $6 billion, the largest in the firm history. Recently, it won bids to build several major projects, including Montreal R Express M (REM) light rail system and the Finch West LRT expansion in Toronto.Aecon construction work at the $10.7 billion Site C dam in British Columbia is now ramping up, and Beck said the company is optimistic that it will retain its contract for the Fraser Valley section of the Trans Mountain pipeline after the Canadian government took over the project last month in an extraordinary $4.5 billion buyout.The company had decided to pull out of a bid for the Gordie Howe bridge last month, in a move that critics said was due to national security concerns but that Beck maintains was a result of the company already sizeable backlog.thought that was the wise thing to do, Beck said.Several analysts believe the Aecon stock has plenty of room to grow, even as the company reboots its search to replace Beck as CEO.fundamentals for the company are incredibly strong, and they gotten a lot stronger over the last few months, said Yuri Lynk, an analyst with Canaccord Genuity.Lynk is bullish on Aecon stock, noting that the company share price has remained more or less flat over the last decade, despite earnings before interest, taxes, depreciation and amortization (EBITDA) growing over the same period from around $115 million to $176 million in 2017. His target price for the Aecon is $22 per share.Aecon was trading 1.5 per cent higher on Thursday, at $15.16 on the Toronto Stock Exchange.Analysts at Raymond James set a target price of $20.50 on Aecon stock after CCCC takeover was rejected, saying they have become more confident about its prospects as a standalone entity.
Yes, the stereotypes are true, but to be honest there are still many different subcultures/sub groups even within a small school like SAC. I certainly didn fit into the stereotype and made it out ok. A disadvantage of SAC is that it too small rumors spread fast.