TX Rail Products Inc (TXRP)

[greasemonkeyshoes]

The company’s CEO and Chairman, stated that(about 10k):

“Our fiscal 2017 results were an appreciable improvement over the two prior year results. Having experienced previous periods of lower demand for our mine and rail products, primarily due to a decline in the U.S. coal mining industry, we are encouraged by our improved operational results driven by an increase in product demand during the last three quarters of the current fiscal year, when we experienced an 41.3% revenue increase over the prior year. The U.S. Energy Information Administration has forecast that U.S. electricity produced by coal which rose to 31% in 2017 from 30% the prior year will remain stable during 2018, and we believe this will cause demand for our products to remain at current period levels. We have an increased confidence in the future based on the fact that the number of regulations that have negatively impacted the coal industry have been either eliminated or significantly eased.”
My favorites:
"appreciable improvement over the two prior year results..."
"increased confidence in the future(business)........"

From:
https://seekingalpha.com/pr/17028185-tx-holdings-reports-results-fiscal-year-ended-september-30-2017

ps-like eating peanuts,I can't stop buying this tasty stock.