Divestco Inc. - Class A V.DVT

Primary Symbol: DSVTF

Energy

Divestco Inc is the Canada-based exploration services company. The company is engaged in the development, designing and sales of geoscience solutions to Energy and Service companies. The company provides Software & Data, Seismic Processing, Geomatics Services, Seismic Data & Brokerage, and Land Services. The company operates in four business segments namely, Software and Data comprises of software exploration products and also provide full suite of support data layers; Services segment comprises of geomatics and processing; Seismic Data comprises of seismic brokerage and data management services which also contributes a major part of revenue and, Corporate and Other segment comprises of overall strategic consultant to companies. Most of its revenue is generated from the Canada market.

EXPM:DSVTF - Post by User

Divestco Inc. - Class A

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Comment by presto10on Nov 08, 2008 11:28am

350 Views

Post# 15574109

RE: Quarterly Report

If last year is any indication then I'd think it should be next week. Looking forward to see if DVT can stretch it to 20 consecutive qtrs; to see the cash flow nos. and to see if they are improving the balance sheet. EPS was down a lot YOY Q2, but amortization and depn was a lot of the reason, arising from 5 recent acquisitions and buying a lot of shoots earlier this year, about $20m I recall. Dig a bit deeper and the value is obvious. But the share price is not so hot obviously.

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