Wajax Off
We’re selling Wajax Corp. (OTC: WJXFF; TSE: WJX) from our aggressive portfolio. The company had been a hold, and its first-quarter report released May 5 just confirmed the company, which rents and leases equipment, is weakening further from softness in the mining and energy businesses.
Sales and earnings declined 4% and 15% respectively from the same period last year.
Sales and earnings declined 4% and 15% respectively from the same period last year.
Wajax shares have declined 17% since the beginning of the year.
Wajax is a SELL.
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