SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MightyMicroCap - Super Hot Penny Picks!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: smartblonde who wrote ()4/13/2000 9:23:00 PM
From: smartblonde   of 44
 
Another solid looking micro-cap DFCU
Profiled on the site

Tuesday, April 4, 1pm EST

Drummond Financial Corp.

*** DFCU ***

(trades on both OTC and CDNX)

Float: 600 K
Recent Price:0.50
P/E ratio: 2.03
Recent Financial Trend: Profittable in last two quarters.

Target Price: $3.75

Company Profile
Business Summary Drummond Financial Corporation operates in the financial services business in both the United States and Canada, engaging primarily in investment and merchant banking activities. The Company's merchant banking activities include seeking controlling interests in businesses or assets the Company considers to be undervalued. The Company was previously engaged in asset-based commercial lending, which primarily involved the administration and realization of an existing loan portfolio comprised of loans to emerging companies.

Financial Summary
Drummond Financial Corp. is a financial services company engaging in investment and merchant banking activities and asset-based commercial lending. For the six months ended 12/31/99, revenues rose 96% to $2.1 million. Net income applicable to Common totaled $612 thousand, up from $205 thousand. Revenues benefitted from increased gains on the sale of securities. Earnings also reflect lower interest expense due to the restructuring of the Company's long-term debt.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext