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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
Comment by Stuckinsandon Aug 17, 2018 10:54am
76 Views
Post# 28477558

RE:News..Major share Buyback

RE:News..Major share BuybackWho would sell their shares? Management has been telling anyone who listens that the company is grossly undervalued, possibly trading at less than 50% of their calculated book value! Ok let’s be less sarcastic and discuss the previous share repurchase plan that expired in June 2018. Enterprise acquired 500K shares or approximately 1% of the public float, the plan was to acquire up to 10%, we decide for ourselves if this was successful meeting both managements and shareholder expectations. Perhaps investors believe management that one day Enterprise will that “home run” and refuse to surrender their shares. Another possibility is investors have been beaten up by Enterprise’s 1:3 stock consolidation, divesture of more than 50% of the company, no acquisitions in 4 years, and huge remuneration for a few, and they have simply moved on to more lucrative investments!

Bullboard Posts