Cost cuts set them up for a rebound

WAJAX CORP. $22.64 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding: 20.0 million; Market cap: $477.0 million; Dividend yield: 4.4%) sells and services cranes, forklifts and other heavy equipment. It also provides related parts and systems such as ball bearings, hoses, diesel… Read More

Penny Stocks: McCoy Global ready to rise

Penny Stocks: McCoy Global ready to rise

A stronger balance sheet has prepared this supplier to the oil-and-gas industry for a rebound in the market.
MCCOY GLOBAL (Toronto symbol MCB; www.mccoyglobal.com; No dividends paid) sells power tongs and other hydraulic gear for oil and gas drilling rigs. (Power tongs are large wrench-like tools… Read More

Cost cutting sets them up for gains

WAJAX CORP. $23.96 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding: 20.0 million; Market cap: $482.7 million; Dividend yield: 4.2%) sells and services cranes, forklifts and other heavy equipment. It also provides related parts and systems such as ball bearings, hoses, diesel… Read More

Downsizing sets them up for a rebound

WAJAX CORP. $15.05 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding:20.0 million; Market cap: $292.1 million; Dividend yield: 6.6%) sells and services cranes, forklifts and other heavy equipment. It also provides related parts and systems such as ball bearings, hoses, diesel engines… Read More

Restructuring prepares them for volatility

WAJAX CORP. $14.80 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding:20.0 million; Market cap: $299.5 million; Dividend yield: 6.8%) sells and services cranes, forklifts and other heavy equipment. It also provides related parts, such as ball bearings, motors, hoses and fittings, and… Read More

McCoy Global $1.85 – Toronto symbol MCB

MCCOY GLOBAL $1.85 (Toronto symbol MCB; TSINetwork Rating: Speculative) (780-453-8451; www.mccoyglobal.com; Shares outstanding: 27.7 million; Market cap: $51.3 million; No dividends paid) sells power tongs and other hydraulic gear for oil and gas drilling rigs. (Power tongs are large wrench-like tools that tighten and loosen… Read More