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Strategies & Market Trends : Stocks to Watch

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To: The Osprey who wrote (226)6/14/2001 9:49:14 AM
From: Gofer   of 592
 
Stake Technology Ltd. based in Norval Ontario. Trades as STKL on the Nasdaq (U$ 2.17). I'm projecting a forward P/E of 11 or 12.

Annual meeting is today, 4PM at the King Edward in Toronto. It wouldn't surprise me to see an NR after the close regarding a project in China.

This "ethical" company has 3 businesses:

Sunrich - grains and grain products, primarily organic non-GM soy foods. Produces 55% of the soy milk concentrate in the USA.

BEI Pecal - industrial minerals (abrasives) and recycling. Is providing abrasives for the "sand" blasting of New York City bridges and the Holland tunnel.

Steam explosion technology. Cleaner pulping technology for the production of pulp from agricultural waste (eg. wheat straw). The initial target market is China.

staketech.com

Cheers,
Gofer
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