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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

Comment by cupricityon May 07, 2024 4:00pm
238 Views
Post# 36027439

RE:RE:Financials

RE:RE:FinancialsFTT vs WJX....

   FTT saw a slight reduction in earnings.  They have 80 cents a share in earnings, we have 60 cents a share in earnings.   We have  a higher dividend.  When I look at the numbers everything was stable except for equipment sales.    Given that Canada is in a quasi recession these numbers are actually pretty good.  Looking forward to a change in the pace of Canada in the next 1.5 years driven by political shifts which seem inevitable at this point there is likely a very positive future here. Even Warren Buffett agrees!
   Either waj WJX is going to pay me significantly more to wait than FTT and most of the benefits of FTT are not coming from Canada.  Canada is in a rut but the end is in sight.
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