ARCTIC GROUP AGP-ASE Message Board

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Gold/Mining/Energy : ARCTIC GROUP AGP-ASE

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To: Stock_newbie who wrote (57)	8/6/1998 5:04:00 PM
From: Ice-Man	Read Replies (1) of 101

Considering the fundamentals of AGP appear to have only improved recently you'd have to think shares at $2.25 represent excellent value. I don't think the weather could have been much better for ice sales the last few months in the areas AGP currently serves. For ice companies in the summer, extended periods of hot weather equals excellent revenues. It will be interesting to see just how good the numbers look once the 1st quarter ending July 31/98 is out. The ongoing slide in the Canadian dollar doesn't help things right now, but considering AGP currently has over half it's revenues and more to come from the U.S. I like the chances of the Arctic Group one day finding some American investment community backing & following. I think non promoted quality growth stories like this take time to develop & be recognized. In the meantime....it's fire sale prices at the ice house! Higher interest rates & inflation is what usually kills stock markets as a whole. Both of those don't seem to be around right now. Good Trading, Markus

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