OTCPK:STVMF - Post by User
Post by
quantguyon Apr 25, 2012 10:41am
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Post# 19833520
CIBC research
CIBC research During periods of volatility and industry downturns, deep value metrics and hard asset value have traditionally provided a reasonable determinate of floor valuation. In the Exhibit 2 we look at Enterprise Value to Tangible Book Value for our coverage universe over the past 10 years. We believe most names are entering a range of true value. We highlight Calfrac Well Services (CFW-SO), Cathedral Energy Services (CET-SP), Ensign Energy Services (ESI-SO), Pason Systems (PSI-SP), Savanna Energy Services (SVY-SO), Total Energy Services (TOT-SP), Trican Well Service (TCW-SP) and Trinidad Drilling (TDG-SP) as stocks showing signs of deep value.