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"The fight is never about grapes or lettuce. It is always about people." Cesar Chavez |
:: Saturday, March 06, 2004 ::
Institutional investors discover oilpatch ugly duckling: Steeplejack share price catching up with growth By Gary Lamphier, Edmonton Journal
A year ago in this column, I griped about star-struck investors and stock market analysts who seem intent on chasing glitzy money-losers while snubbing steady profit-makers in unsexy industries.
Case in point: Steeplejack Industrial Group, a low-profile Edmonton-based industrial services outfit that provides scaffolding and plant maintenance services to refineries, pulp mills, power plants and others.
Glamorous? Hardly. But decidedly profitable. And with its roster of blue-chip industrial clients, and growing prospects for more contract work in Alberta's booming oilsands, Steeplejack predicted record results for 2003.------------------------------------------- posted 8:36 AM :: reference link ::
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