GREY:CSOSF - Post by User
Comment by
DTM5on Aug 11, 2010 2:51pm
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Post# 17342272
Kinecor results are out
Kinecor results are outWajax (parent company of Kinecor) just reported its results for 2nd quarter ending June 30th.
Kinecor's sales up 6% to 75.8 million for the 2nd quarter. Earnings of 2m for the quarter.
lets hope CSA's results are similar.
Interesting, Wajax's market cap is 477 million today, or about 50% of its annualized sales (across all divisions)
CSA's market cap is 9 million or about 11% of its sales. If CSA turns the corner and gains some earnings traction, we'd be looking at a much higher valuation. Give it only 30% of sales and we are looking at over $1 per share.
Hopefully it won't be long until someone starts buying this stock (besides me!)
P.S. Management - Now is the time to promote this stock and get some analyst coverage!!!