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.
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