WFI Industries (WFI.TO)

Have issued special dividends and continues to pay a 4.5% dividend yield. Makes geothermal heat pumps. A bit of a margin squeeze because of rising copper prices. Cheap.

In the geo thermo heat pumps and when energy prices are high, people look for other ways to repalce it. An illiqid stock. Has grown 14% a year. Increased its dividend. No debt. Off everybody's radar screen.

(A Top Pick June 22/04. Up 6%.) Have raised its dividend. No debt. Good management. With higher gas prices, people are replacing with geothermal heat pumps.

Trading at about 9 X earnings. No debt and $60 million cash. 6% dividend yield. Great demand, especially with higher energy costs, for geothermal heat pumps. Not widely covered.