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Estrella International Energy Services Ltd. EENZD


Primary Symbol: EENZF

Energy Oil & Gas Drilling


GREY:EENZF - Post by User

Estrella International Energy Services Ltd.
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Comment by RBCHY7on Dec 22, 2011 2:35pm
356 Views
Post# 19346256

RE: Nice discount

RE: Nice discount

Demand remains robust yet drillers around the world are down -30 to -70%. 

Market cap of EEN around $20million.  You couldn't build their rigs for less than that.   Same goes for others like CFW and TWC. 

If CEOs believe demands stays strong...you will see consolidation in this space in 2012.

Really surpised management have not stepped in a bought shares at this level.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities