Enterprise Group Inc T.E

Enterprise Group(E.TSX) Deeply undervalued Microcap on the

[Brice978]

Enterprise Group(E.TSX) Deeply undervalued Microcap on the TSX

https://www.reddit.com/r/10xPennyStocks/comments/rhxi9l/enterprise_groupetsx_deeply_undervalued_microcap/

[Stuckinsand]

.... deeply undervalued, based on managements opinion, institutional investors clearly dont share the same opinion. Is this Enterprises strategy to battle Mr. Neillson? They are publishing articles that are unsubstantiated on less than credible sources.

[BayStRising]

There is no battle witth Mr. Neillson. He is a friendly passive shareholder. 2022 is the year where Oil Capex swings big time. Meanwhile cheap shares get bought up by Insiders who know the real story/situation and through the buyback program.  The stock is up 38% YTD.  NCIB and Neillson accumulation will make this float prime for a huge rally IMO. 

[jcw604]

Yes, I hope that you were right. It appears that the big players are not opening their wallet yet. At least not as the previous boom. I think they learned not to over supply the market. Therefore, the Biden's policy is actually good for the oil producers, because they are not let their own shale producers to grow. They picked environment over low inflation.

[Stuckinsand]

A dose of reality is coming soon. Institutional investors short positions of oil and gas stocks are increasing at an alarming rate. Time will tell how "friendly" Mr Nillson is. The Brothers are very successful and didnt a mass their wealth by sitting on the sidelines accepting others management decisions and plans.

[jcw604]

All service stocks are rising in price: ALA  at 52wk high. GEI the pig, rose from 2.15% to 22.30, very far as from its 52 week high, but considering it has a 6.28% yield, not too bad. It might be the time that the oil companies are opening their wallet to the service companies, or they are simply rotating money from the oil companies to the service sector treating the oil companies as

[BayStRising]

Even in the event Mr. Nillson wanted to do a "Hostile" takeover it would involve a HUGE premium over where it's currently trading right now.  Meanwhile the Buyback program is soaking up the cheap shares while Oil Spending is dramatically increased in 2021 and 2022 is clear sailing. 

[jcw604]

The Omicron sales is happening.

[Stuckinsand]

My goodness Baystreet, nothing but positive events for enterprise yet the sp cant get no traction, frozen at 0.30

[TdotTechTrader]

YTD Gains are quite impressive. I wouldnt say we are stuck at 30 cents at all.

[Stuckinsand]

Gotta believe the rise in SP in 2021 is due to Mr Nillsons interest in the assets vs the strategic decisions made by the current executives. Remember their dream of becoming western Canadas largest renter of specialized equipment. Still scratching my head about that vague statement

[BayStRising]

Mr Nillson isnt warrent buffet. It's increased buying from all sides. Insiders, retail, NCIB. it will continue until E.TO is where it should be at fair value. Are you betting against a rise in SP in 2022. I think it's an even better environment for oil and Float is way tighter than it was 365 days ago. 

[Stuckinsand]

Baystreet you are correct on all counts. There is no institutional interest in Enterprise. I am betting that 2022 will come with another set of excuses explaining underwhelming and disappointing results for shareholders. Evidence is strong that commodity prices have peaked. Remember institutional investors are taking huge short positions on oil and gas producers. There was one and only one "

[Stuckinsand]

Baystreet you are correct on all counts. There is no institutional interest in Enterprise. I am betting that 2022 will come with another set of excuses explaining underwhelming and disappointing results for shareholders. Evidence is strong that commodity prices have peaked. Remember institutional investors are taking huge short positions on oil and gas producers. There was one and only one "

[TdotTechTrader]

The business is cash flow positive. Nilson has a business that is similar but enterprise is more niche. 2021 has positive results. 2022 i expect even better.

[BayStRising]

Year-end 2022, what's your price Target StuckinSand?  I'm betting on a minimum 50% increase but i believe 100% is in the cards.     

[Stuckinsand]

Bayst that is a great question. I am not sure Enterprise in it's current state will be around in 2022. If Mr Nillson is successful the SP on Dec 2022 will be irrelevant. A SP price high for 2022 is 0.48 based on a prediction of a take over offer. For an academic discussion let's assume there is no take over. I believe the SP will drift back to 0.20. Enterprise hasn't done anything of

[Stuckinsand]

Bayst that is a great question. I am not sure Enterprise in it's current state will be around in 2022. If Mr Nillson is successful the SP on Dec 2022 will be irrelevant. A SP price high for 2022 is 0.48 based on a prediction of a take over offer. For an academic discussion let's assume there is no take over. I believe the SP will drift back to 0.20. Enterprise hasn't done anything of

[commodore87]

I think oil capex will outweigh anything there. There's free cash flow as well.

[Stuckinsand]

Again if CAPEX is up why hasnt Enterprise communicated their "new" lucrative contracts. The busy drilling season is averaging over. If there are no new contracts re shareholders expected to wait until fall 2022 for more good news. If so that is too long and the uncertainty too high.

[commodore87]

I wouldn't argue the "if" capex is up or not. You have only to look at the oil majors conference calls to understand that 2022 is going to have a substantial increase in capex spend. Growing market is good, might as well continue buying back all the cheap shares while it's still on a fire sale. Moving the price up too high too fast will interfere with the buyback which is better

[commodore87]

I wouldn@t argue the @if@ capex is up or not. You have only to look at the oil majors conference calls to understand that 2022 is going to have a substantial increase in capex spend. Growing market is good, might as well continue buying back all the cheap shares while it@s still on a fire sale. Moving the price up too high too fast will interfere with the buyback which is better for the long game@

[Stuckinsand]

Oh my commodore who is moving/manipulating the SP. Insiders, management, potential new owners, the market. There is almost a hint of price control and manipulation in your message.

[BayStRising]

Q1 looks to be quite strong seasonally. Q12020 and q1 2020 were much higher. Let's see what happens this one. If we get above the previous I will say that is a good indicator. Again I have other plays as well which benefit from the capex growth. 

[commodore87]

$0.48 seems low for a takeover offer. And slide to $0.20 seems less likely than a run beyond $0.50+

[Stuckinsand]

So back in 2014 Enterprise surpassed $1, then they did a 3:1 stock consolidation. Comparing the current SP to 2014 it is trading at less than 90%. Was there anyone making this prediction more than 7 years ago? Doubtful. Enterprise has been trading at what only management believes to be a discount. Institutional investors have long lost interest. The company either refuses to or doesnt have

[jcw604]

You asked the right question, but a lot of these public traded companies do not provide NR to update their business progress and they want to pretend to have autonomy to their business and only update their investors quarterly. One thing they want to avoid is to setup a perception that no news is bad news. Therefore, they don't do any NR, except the minimum required.

[Stuckinsand]

Agreed no news is typically bad news. Back in 2014 in and earlier Enterprise was significantly more transparent bragging about new clients and signing large contracts. Today this is not the case. Getting in front of rumors and speculation is done well by companies with an effective investor relations program.

[jcw604]

I worked for a company that requires employees to write weekly reports regarding their accomplishments and things in the works. Sometimes, I feel that these micromanagement is a waste of time, as it takes me away from doing the real work. Yet, because we are funded by the public, that is necessary unless they simply privatize us so that our work itself will tell the story, since uncompetitive