Here is one I bought just before closing today. Yorkton was dumping today big time with First Marathon buying today. Stock pushed down to 52 week lows and they just announced more record breaking profits today in NR released this afternoon.
Company link - mccii.com
Todays NR (30 million shares issued) closed today @ $1.00
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: MOBILE CLIMATE CONTROL INDUSTRIES INC.
TSE, ASE SYMBOL: MCC
APRIL 1, 1998
Mobile Climate Control Industries Inc. Triples Per Share
Earnings On 151 percent Sales Growth
NORTH YORK, ONTARIO--Mobile Climate Control Industries Inc., today
announced that sales for the third quarter ended January 31, 1998,
increased by 151 percent to $7.9 million, as compared to $3.2
million for the same period last year. Net earnings for the
quarter just ended rose to $884,000 or $0.03 per share vs. $0.01
per share for third quarter 1997.
For the nine months ended January 31, 1998, sales were $19.9
million vs. $9.8 million for the corresponding period of 1997; an
increase of 103 percent. Net earnings in the current nine month
period also rose sharply to a record $2 million, or $0.07 per
share ($0.06 fully diluted) compared to $939,000 or $0.05 ($0.04
fully diluted) in the corresponding period of 1997.
MCC President Gunnar Mannerheim reported that the results are
largely attributable to increased sales from the Canadian
operation and to last year 's acquisition of Swedish competitor
Klimatsystem. Said Mr. Mannerheim; "MCC has already made
substantial progress with respect to the integration of
Klimatsystem. Internal sourcing and other efficiencies gained
from this acquisition will help propel our rapid sales and
earnings growth. The outlook for the rest of the year remains
exceptionally strong, and we fully expect to meet or exceed the
growth objectives of our strategic plan."
Mobile Climate Control Industries Inc., is a multinational, ISO
9001 Certified, designer and manufacturer of custom, fully
integrated heating, ventilating and air conditioning, systems for
the off road equipment, mass transit, marine, military, and
transportation industries. In addition to its Canadian
manufacturing facilities, MCC also has operations in the United
States and Western Europe.
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