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Microcap & Penny Stocks : CHC Helicopter (FLYAF) Wins HUGE contracts- solid buy...

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To: Alastair McIntosh who wrote (48)5/21/1999 8:38:00 PM
From: zigler  Read Replies (1) of 71
 
I don't know what's up with this stock but you are right at current prices it is a steal. The forestry, mining, and oil and gas sectors are all picking up for CHC. This will increase earnings in the future from todays levels. The pick up in commodity pricing is not at all showing in the stock price. I have owned this stock in the past and have recently bought a large number of shares again. This company does not seem to get much respect from the investment community and they may be waiting now for the out come of CHC's offer to take over the Norwegian helicopter company which they already own 25%. Even if this does not go through the company is a good business on its own. The only real concern I have is political in ownership regulations in Canada and the EU which may affect their operations in the future.
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