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Gold/Mining/Energy : UNDERVALUED CANADIAN COMPANIES

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To: Linden Doerr who wrote (217)6/17/1998 3:40:00 PM
From: M. Merriam   of 248
 
Here's another undervalued company: Matco Ravary, MCO.B on MSE.

Quarterly report just out. Quarterly profit of 0.10 compared to year earlier 0.01. Sales up 13%. Trading at 1.60 which is below book value of 2.08. Revenue over past 12 mo. is $45.5 million; only 4.4 million MCO.B common shares outstanding.

See the SI Matco forum which I just started:

techstocks.com

Or the news release:

fin-info.com

Anyone else following this or have opinions?

Mike
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