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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 Georgia_Straighton Jan 21, 2002 12:42pm
190 Views
Post# 4663539

RE: Nothin from Nothin

RE: Nothin from NothinI think there is a lot of uncertainty in the minds of the investing public here, Spiker. As Muzzy pointed out a few postings back, WJX lost two of its major lines and the future of the Timberjack line is in doubt. Sales are down from its previous year (noting that last years had a anomoly with sales of mining equipment in the West) and earnings were down correspondingly. The cash position was also down. All of the above probably contributes to the weak trading and price. I look at the backing that they have, and the fact that they are making money in a recessionary time and feel there is good upside potential for those of us with patience.
Bullboard Posts