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4-Traders Homepage  >  Equities  >  TSX VENTURE EXCHANGE  >  Macro Enterprises Inc.    MCR   CA55608F1062

MACRO ENTERPRISES INC. (MCR)
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Macro Enterprises : Announces Changes to Management

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05/12/2014 | 06:01pm CEST
Fort St. John, B.C. - May 9, 2014 FOR IMMEDIATE RELEASE MACRO ENTERPRISES INC. ANNOUNCES CHANGES TO MANAGEMENT

Macro Enterprises Inc. (the "Company" or "Macro") advises that T. Jerrold Jackson, Chief Financial Officer (CFO) and Corporate Secretary, has decided to retire from his position with the Company effective July 1, 2014. Mr. Jackson will remain as Chief Financial Officer and Corporate Secretary of Macro through June 30, 2014, managing the completion of the first quarter financial statements, the annual general meeting of shareholders and related regulatory filings. Mr. Jackson is based in Calgary but with the Company's recent rapid growth, a Fort St John based Chief Financial Officer is now required.
Macro has begun the process to identify and recruit a new CFO. The Company is looking for qualified candidates who are willing to work on a full time basis in Fort St. John in order to enhance the management of the business and future growth.
The Company wishes to express its grateful appreciation for Mr. Jackson's contributions to the Company and wishes him well in the future.
Macro's core business is providing pipeline and facilities construction and maintenance services to major companies in the oil and gas industry. The Company is based in Fort St. John, B.C. Its shares are listed on the TSX Venture Exchange under the symbol MCR. Information on the Company's principal operating unit, Macro Industries Inc., can be found at www.macroindustries.ca
For further information please contact:
Frank Miles William McFetridge
President and C.E.O. Director
Phone: (250) 785-0033 (604) 641-4825

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

- 1 -

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Financials ( CAD)
Sales 2018 151 M
EBIT 2018 -4,78 M
Net income 2018 -1,89 M
Finance 2018 22,0 M
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019 7,89
EV / Sales 2018 0,30x
EV / Sales 2019 0,10x
Capitalization 66,9 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 3,00  CAD
Spread / Average Target 36%
EPS Revisions
Managers
NameTitle
Frank Miles Director, Chief Executive & Operating Officer
Jeffrey A. Redmond Chief Financial Officer & Secretary
Mike Nielsen Director & Senior Vice President
William McFetridge Director
Ronald Baker Independent Director
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