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Hyduke Energy Services Inc. HYKCF

"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

Bullboard Posts
Post by David_Adellon Jun 02, 2009 7:24pm
612 Views
Post# 16038352

Others are noticing this gem finally!!!

Others are noticing this gem finally!!!I   have  liked this stock  for the last 5  years.  Regrettably it has    had a few   bad quarters  as most others have in the nat. gas space also.  However, I think this Company  has many    positive attributes associated with it. Ii know recently that     CEO and CFO  were in China for 3 weeks. I am inclined to believe  there is possibility of  some rig builds there in the not too distant future.       Hurricane season has officially started .   Infrastructure projects    are becoming shovel ready,   heating season starts,  and    oil  upgrader  projects in   US and   and Canada  will    help move  natural  gas prices forward.   All  producers/explorers  have cut back  for 9 months now,  and  cutbacks in supply  and  slow demand increases will cause a steady eddy rise  in natural gas prices. Some other small caps  have already moved  back to  middle range of    52 week highs and lows,   . I own   WZL,  and E  and RUN. Ironically HYD  is   superior  to these companies in terms of valuation,  and I expect HYD will  catch up to its peers in this space shortly.  Also,   Hyduke's biggest customer is ESI and their stock  has been on a tear lately, so   I expect them to     contact HYD  to do alot of service work  in their drill  business  as they  prepare to execute for the   next bull cycle.  Interesting to note how few analysts are recommending  nat  gas plays   yet   many of these players have doubled   off of their lows.  PD.UN , ESI, TDG,  ECA,  SGY,ECA  etc, .  Fnally the   lowered US dollar will    be of healthy benefit to    natural gas prices and other commodities. Some runs have already  been quietly  been happening.  Later when hurricanes cause havoc and flooding     snags up pipelines etc, then the bullish calls will    be made by analysts. Always go contra to what the    analysts (  bandits)   are telling you. DD as always.
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