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MikeDDKing

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MikeDDKing

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Re: None

Thursday, 05/03/2012 9:34:57 AM

Thursday, May 03, 2012 9:34:57 AM

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MIGL is a turn around situation with awesome Q1'12 earnings of $0.07/share! Their industrial services provides maintenance and repair services to several industries. Their rail services manufactures and remanufactures various parts for locomotive diesel engines. Here are some more reasons why I like MIGL:

1. MIGL reported $0.07/share in earnings for Q1'12. That is awesome for a stock that last traded at $0.75.

2. They have been improving their margins as can be seen from the improvement in Q1 results. Based upon their PRs, I think there is further room for improvement.

3. They are expanding capacity which I think indicates that revenue should continue to improve.

4. MIGL is trading at less than their book value of $0.96.

Mike

SwingTrade is my favorite board - #board-1781

Due diligence on my favorite stocks is located on the sticky note on the SwingTrade board.

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