Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

TSE:WJX

Wajax Corp (WJX.TO)

30.58
+0.15 (0.49%)
as of Jun 22, 2026, 8:00:00 pm Market Open.
81 watching
0
HOLD
Down because of correctional bear market. The unfortunate news for this one is that one of its distribution businesses is in jeopardy. It is being taken out. It means $.50 off the earnings. But it is brilliantly run and will revive itself again.
HOLD
Very well managed company. Benefiting a lot from the build out in the materials, energy, etc., which they are a major supplier to.
HOLD
Distribution will be held close to current levels once they convert to a corporation. Wants to wait on new purchases until he researches it more.
HOLD
Supplies a lot of equipment to the mining industry, oil sands and anywhere there is major construction. Very well managed.
HOLD
Equipment and construction material and will be helped by the trend in infrastructure building.
BUY
10% yield, which will likely be cut by as much as 40% when they convert but expect this has been built into the price. Has been looking at this one. Reasonably priced.
WATCH
Rents equipment for construction, forestry, natural gas, etc. Outlook is still a bit uncertain. A recovery in natural gas prices and more activity around the oil sands could make it a buy. On his radar list.
DON'T BUY
Have conflicting issues. Very much involved in the construction cycle. Will be a beneficiary of infrastructure spending when and if it ever starts. Cyclical business and will recover with the cycle. You need a pick-up in construction that uses heavy equipment.
COMMENT
Distribution cut reflected weakness in their core areas. Had been enjoying good revenues out of Alberta but this is slowed dramatically. Forestry sector is also weak.
COMMENT
High-quality company, but in a very cyclical business. Not immune to a cut in distributions. When there is evidence of a cyclical rebound, this is a name he would come back at as it is well managed.
DON'T BUY
(Market Call Minute.) Cyclical. Bottom 10% of his database.
DON'T BUY
Rental equipment to forestry, mining and energy. Concerns with forestry and mining industries. Last quarter was pretty good where they were making decent money on maintenance and repair. Payout ratio of about 95% gives some concern. Well run and trades at only 6 X EBITDA but would have some concerns because of the economy.
TOP PICK
Distributes heavy equipment for infrastructure. Will generate something between $4.50 and $4.75 per share free cash flow this year. Very, very cheap. Will benefit from infrastructure.
COMMENT
Distributes heavy equipment for infrastructure. Has been volatile, but overall it is a good company to own. Have posted very decent numbers and expects this will continue. Yield of about 14%.
COMMENT
Thinks the payout is safe, but there has been a tremendous decline in natural gas drilling in the western Canadian basin, which will create some spin-off effects on them. There is still a great demand from agriculture and oil sands. Some of the business might be moderating a bit.
Showing 61 to 75 of 102 entries