QUEBEC : NO FRACKING valueplaysonly,
I see you prove your complete ignorance again and again. You need a heavy education about TID, put down the crack pipe, take off your glasses and quit drinking alcohol...where to start really?
1) Visit the website to see how NEW and MODERN TID fleet is.
2) The bank debt is $161M as of the latest Q2.
The equity is as high as $360 M and grows every Q as the company is profitable.
pbv=0,25 !
3) PEG ratio the lowest one of the sector !
Read the article carefully and sober
https://seekingalpha.com/article/820861-tuscany-international-drilling-the-most-undervalued-company-in-the-oil-services-sector
4) 2012 EV/EBITDA=3 !
5) Keep the canadian focused oilfield companies...they are all yours...after the spring breaks and the huge drop in Q2 in Revenue , EBITDA, funds from operations they all experience EVERY YEAR (check TCW, TOT, FRC etc.) now the latest news add one more obstacle for them....
QUEBEC prohibits hydraulic fracturing!! Which Province is next ? Alberta ? Saskatchewan ?
https://www.vancouversun.com/business/Fracking+banned+Quebec+government/7274086/story.html