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Hyduke Energy Services Inc. HYKCF

Energy
"Hyduke Energy Services Inc is an integrated oilfield services company engaged in the manufacture, repair and distribution of oilfield equipment. The company operates in three segments, Manufacturing and Fabrication segment that designs, manufactures, refurbishes and repairs land-based drilling rigs, well servicing rig, drilling support equipment, workover support equipment, storage tanks, custom steel fabrication and custom machining; Supply and Service segment that includes the procurement and


GREY:HYKCF - Post by User

Hyduke Energy Services Inc.
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Comment by Gulo19on Mar 28, 2006 12:16pm
213 Views
Post# 10579393

RE: Why so weak?

RE: Why so weak?Agreed, it is clear these guys do not have the right stuff to take HYD to the next level (not a growth oriented team - more like caretakers - the Edmonton mentality vs. Calgary mentality here - yah and Eugene in crew are true Edmontonians ..... Maybe I am crazy, but I am beginning to think the ONLY reason HYD did the PP was to create enough action for Eugene et al. to "monetize" their massive number of shares/options, etc. at a nice return - +$3.25/sh. If i am right, these guys are, as Mr. Gomery would say, "small-town cheap". They certainly have done nothing to create shareholder value, but maybe they will yet, my optimism is waning though....
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