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Bullboard - Stock Discussion Forum High Arctic Energy Services Inc T.HWO

Alternate Symbol(s):  HGHAF

High Arctic Energy Services Inc. is a Canada-based energy services provider. It provides drilling and specializes well completion services and supplies rental equipment, including rig matting, camps, material handling, and drilling support equipment. In western Canada, it provides pressure control equipment on a rental basis to a number of exploration and production companies. Its North... see more

Bullboard (TSX:HWO)

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Comment by AVALONSHARKon May 31, 2024 4:19pm

RE:RE:RE:RE:Got what we wanted: 2 pro-rated listed companies & full ROC

Need a bit of correction, I was assuming full usage of the rig throughout the quarter. I expect them to generate about 4 mil in cash this Q which takes their cash load to 61 mil which is roughly $1.25 ...more  
Comment by colouramaon May 31, 2024 1:33pm

RE:RE:RE:Got what we wanted: 2 pro-rated listed companies & full ROC

Avalon, how did you get the estimated $1.28 per share of cash number by end of June? Certainly cash should continue to accummulate, but how did you arrive at that number?
Post by Jonathon Brownon May 30, 2024 5:01am

Buzz on the Bullboards: Volatility persists in the face of economic indicators

Post by 40YardLineon May 29, 2024 1:20pm

Santos pens ten-year LNG supply deal with Japanese firm

“Our agreement with Hokkaido Gas demonstrates Santos’ commitment to providing reliable, competitive energy supplies to support our valued customers in Asia. We also look forward to working together to ...more  
Post by colouramaon May 23, 2024 3:46pm

Strong buying action today

Nice to see some strong interest today. Still only paying less than $15million net of cash for the Canadian and PNG businesses!
Post by Possibleidiot01on May 20, 2024 7:47am

HWO Reorg update - Petty Cash - Substack

HWO Reorg Update A quick and dirty analysis Dean May 14, 2024 ...more  
Comment by impegaon May 16, 2024 3:11pm

RE:RE:RE:RE:Got what we wanted: 2 pro-rated listed companies & full ROC

So it appears that the re-org has been significantly de-risked in the last week or so. Both spincos will be adeequately capitalized with good prospects going forward and a reasonable opportunity for a ...more  
Comment by Stonksonlyup90on May 16, 2024 2:50pm

RE:RE:RE:RE:Got what we wanted: 2 pro-rated listed companies & full ROC

I especially liked the comments around the Canadian Rental income stream, tax free with those huge tax pools to utilize. That component of the business could really generate a lot of growth and spew ...more  
Comment by colouramaon May 16, 2024 1:13pm

RE:RE:RE:Got what we wanted: 2 pro-rated listed companies & full ROC

Amazing that the value is still being assessed at $0.30 cents net of cash. The Team Snubbing dividend alone seems to be about $1.5 - $2million per year, enough I think by itself to sustain a $0.01 ...more  
Comment by impegaon May 16, 2024 9:50am

RE:RE:RE:Got what we wanted: 2 pro-rated listed companies & full ROC

Solid quarter which bodes well for the splitcos. Plenty of cash left for the respective spin off companies and we know the future in PNG is bright!.
Comment by AVALONSHARKon May 16, 2024 9:05am

RE:RE:Got what we wanted: 2 pro-rated listed companies & full ROC

$1.16 in cash, will be around $1.28 by end of June. The company made 0.07 cents in profit, what will it take for the market to give some value to both the businesses ?
Comment by BigWillieon May 14, 2024 10:59pm

RE:RE:RE:RE:MD&A

it is all good, no offence taken. 
Comment by AVALONSHARKon May 14, 2024 4:22am

RE:Got what we wanted: 2 pro-rated listed companies & full ROC

Here it is https://ceo.ca/content/sedar/HWO-2024-05-13-management-information-circular-english-2e96.pdf
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