POINT ROBERTS, - InvestorIdeas.com, a leader in sector stock research including construction stocks, homebuilder and infrastructure stocks releases the following close-up on small and large cap infrastructure stocks for Tuesday October 4th and why one analyst likes the sector.
ARMTEC INFRASTRUCTURE INC. (Toronto: ARF.TO ) closed up at $1.04, up 0.20 (23.81%) on 220,062 shares. The last news reported by the company was in August, that it had completed a refinancing of its existing senior bank facility. Pursuant to the refinancing, Armtec has borrowed $125 million under a senior secured loan facility with a Brookfield Asset Management Inc. company.
Recent commentary in the Globe and Mail quoted fund manager Oscar Belaiche as liking infrastructure stocks “because of their earnings stability from long-term contracts that can be indexed to inflation. He owns pipeline operators such as Enbridge Inc. and TransCanada Corp. as well as utilities such as Northland Power Inc., Innergex Renewable Energy Inc. and Brookfield Renewable Power Fund.”
Fireman's Contractors Inc. (OTCBB: FRCN) reported news Tuesday of a 390% increase in revenue for Fiscal 2011. The CEO of Fireman's Contractors, Renee Gilmore stated, "The past fiscal year was one of tremendous growth for Fireman's Contractors. We raised revenues by 390.59% while significantly expanding our customer base. We contribute our increase in revenues to hard work and dedication as we provided top quality workmanship to our clients. As we move forward in the development and explanation of our business, our goal is to continue building valuable relationships with our clients by providing a high level of professionalism."
The recently listed OTC stock has been trading with a range of $0.11-$0.16.
Capstone Infrastructure Corporation (TSX:CSE ; TSX:CSE.DB.A ; TSX:CSE.PR.A ; on Monday declared its first dividend on its Cumulative 5-Year Rate Reset Preferred Shares, Series A (the "Preferred Shares") of $0.4212 per Preferred Share to be paid on October 31, 2011 to shareholders of record at the close of trading on October 14, 2011. This initial dividend on the Preferred Shares covers the period from June 30, 2011 to October 31, 2011. Future dividends on the Preferred Shares are expected to be $0.3125 quarterly, or $1.25 per share on an annualized basis, for the initial five-year period, which ends on July 31, 2016. The stock closed at $5.88.
Brookfield Infrastructure (NYSE: BIP) (TSX: BIP.UN) closed at $23.00 on just over 1.2 million shares. According to commentary on Motley Fool on Monday its one of five star stocks poised to pop for investors.
Showcase Infrastructure Stock
Visit the company Profile on Investorideas.com
About Fireman's Contractors Inc. (OTCBB: FRCN)
Fireman's Contractors Inc. (OTCBB: FRCN) is a full service contractor providing superior service in parking lot maintenance and construction services. Our services include Road Improvements, Seal Coating, Parking Lot Striping, Pavement Marking, Asphalt Maintenance and Repair, ADA Compliance and other construction services which are delivered at a competitive price. Fireman's brings professional value system delivering outstanding results through honorable customer relationships and repeat business. Local firefighters are supported by a portion of profits which are donated to local Firefighter Associations. http://www.firemans-contractors.com/
Follow FIREMANS CONTRACTORS, Inc. (OTCBB: FRCN) on Twitter.com
Follow FIREMANS CONTRACTORS, Inc. (OTCBB: FRCN) on Facebook.com
IR Contact info:
Tel: 1(214) 314-1588
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
Disclosure: Fireman's Contractors Inc. (OTCBB: FRCN) is a paid adverting construction stock on Investorideas.com and blogs (ten thousand for 3 months of advertising)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source – Investorideas.com