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Wajax Corp T.WJX

Alternate Symbol(s):  WJXFF | T.WJX.DB

Wajax Corporation is a Canada-based diversified industrial products and services provider. The Company operates an integrated distribution system providing sales, parts and services to a broad range of customers in various sectors, including construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas. The Company is engaged in offering various equipment, such as new, used, and rental, which consists of compact excavators, dump trucks, excavators, wheel loaders and wheeled excavators. Its solutions consists of mechanical solutions, hydraulic solutions, process solutions, electromechanical solutions, repair and solutions, and reliability solutions. It provides various industrial parts, including bearings, bulk material handling, electric motors and variable frequency drives, filtration, fluid handling, instrumentation, pneumatics, and power transmission.


TSX:WJX - Post by User

Bullboard Posts
Comment by Sittingbull11on Mar 25, 2019 9:55am
161 Views
Post# 29530928

RE:HUGE overreaction !

RE:HUGE overreaction ! Juniorbullalive: When it settles down, I agree, an overbaked response. A bad 1/4 with a company such as WJX is not unusual especially considering the timing as correlated to the oil industry harsh pullback the end of 2018. Secondly, the 1/4ly dividend is a few days away, another good incentive to buy now. Today, March 25, the market is reacting as you would expect. Wild minute by minute fluctuations, everyone waiting to see a trend. I agree it will probably return relatively quickly, once everyone realizes the sky did not fall in. IMHO.
Bullboard Posts