RE: RE: RE: 2012 Global Oil Show Calgary Strad and Black Diamond were there and are both compeditors.
As for shinking margins , that will happen over time , but the extent is unknown , expect it to be very slow and nothing to impact the positive bottom line. They probably did not talk about the fact that PSN currently has revenue outside the oil and gas sector , that they are looking at other countries , that PSN and their other tank compeditors, in total, have less than 10% of the market ,making tank farms and lined pits the big compeditors (not compeditive ) and this years growth will be over 100% and next year over 50% , and EBITA is unlikely to go below $210,000,000.
PSN do not expect to see margins below 70%.