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Enterprise Group Inc T.E

Alternate Symbol(s):  ETOLF

Enterprise Group, Inc. is a consolidator of services, including specialized equipment rental to the energy/resource sector. The Company works with systems and technologies that mitigate, reduce, or eliminate carbon dioxide (CO2) and greenhouse gas emissions for itself and its clients. It provides specialized equipment and services in the build out of infrastructure for the energy, pipeline, and infrastructure construction industries. It has fleet of wellsite modular/combo equipment, specialized heating units, tunnelling equipment, and other heavy equipment pieces. It offers specialized infrastructure services, such as coat curing, thermal pipe expansion, scaffolding and more. It provides low emission, mobile power systems and associated surface infrastructure to the energy, resource, and Industrial sectors, through its subsidiary, Evolution Power Projects, Inc. Its other subsidiaries include Westar Oilfield Rentals Inc., Hart Oilfield Rentals Ltd., and Artic Therm International Ltd.


TSX:E - Post by User

Bullboard Posts
Post by Stuckinsandon Jun 08, 2018 6:07pm
79 Views
Post# 28148433

Boring

BoringApparently Starchain is not being received positively by investors. Price and volume are both down. In the last press release didn't Des mention E is with about $1.00/share? I understand the math he is using but sure don't understand his logic. Eliminate all "soft" assets ie. intangibles, deferred taxes and the multi million-dollar employment contracts and a value of $0.55/share is certainly more realistic. E hasn't traded at a multple of earnings or EBITDA in nearly four years, often a reflection on  It will be very interesting to see the “use” of cash in Q2, remember after selling Calgary Tunnelling E is solely reliant on rental income dependant on the oil patch and cold weather, and shouldn't be expected to have positive cash flow from active operations until Q4.

Bullboard Posts