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Gold/Mining/Energy : Trailmobile Canada TMX (formerly MII) -- Ignore unavailable to you. Want to Upgrade?

To: New Economy who wrote (326)	5/11/1999 6:46:00 AM
From: Confluence	Respond to of 406

Hello New, I'd think that Trailmobile might want to eventually take the whole company private, in line with the rest of their operations and out of the way of regular, and regulatory reporting. Or, they may feel that cleaning up this operation will lead to positive investment returns, with the future share trading being the best way to extract a fair market exit at some future point. Or they could just trundle along with a majority, abusing the owners of the other 49% of the company. Time, the order flow, the balance sheet and the share price will tell. It appears that this will be a medium-term developing story, so there should be lots of time to buy stock as improvements become clear. Regards, Confluence

To: New Economy who wrote (326)	5/11/1999 4:28:00 PM
From: Wizzer	Read Replies (1) \| Respond to of 406

New Economy: I'm sure that Trail, as most of us do, find Mond to have more potential than it is demonstrating. I was simply speculating on the possibilities, but still feel that this could happen. Trail spent around 15 million in Canadian money (roughly) to buy a controlling interest in Mond which seems really cheap. At over 100 million dollars in sales a year, Mond should be making at least 2-5 mill. a year or possibly more. Their sales have been steadily increasing over the past couple of years (going by memory here). This company does have good potential in the right hands. Trail may want a larger slice of the pie, but this remains to be seen. Of course, we don't really know what is going on behind the scenes, but the Mond name is gone now, and replaced with Trailmobile Canada on all buildings as far as I'm aware. I also saw a Trail service truck the other day. This company is Trailmobile Canada, but the company stock name is still Mond. I don't have much experience in these situations, but soon the stock name will be changed and Mond will be officially gone. Don't know if they can officially change the name of the company, as they have done, without doing anything more. Would appreciate some opinions. Regards and Best Wishes, Wisam