TSX:HSE.PR.B - Post by User
Post by
Runaway1492on Jun 24, 2020 4:19pm
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Post# 31187638
TMX + CGL Pure Play
TMX + CGL Pure PlayNot a lot of people seem to know about Macro Enterprises (MCR). It's a pipeline and facility construction company based in Fort St John which is contracted to build spreads on both Coastal Gaslink and the Trans Mountain Expansion. Total value of the contracts is 870MM. As of March 31 they had 53MM in cash and 19.9MM of debt. Their market cap is around 75MM. Have a look at their presentation, financials and Nick Bodnars analysis on Seeking Alpha for more info. Should be a lot of hype on these projects over the next two years and the share price is well below where it should be.