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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Comment by dbeaudeon Sep 23, 2012 8:20am
276 Views
Post# 20403512

RE: RE: RE: RE: FEEDBACK from the company

RE: RE: RE: RE: FEEDBACK from the company

Very hard to believe you protect with 5% trailing stop losses as litterally evey stock you have owned would have triggered the sell based on just normal market volatility. Not sure what your motive is for your posts?

Here is a link to a recent research note produced by Raymond James. It indicates that TID is in deep value range in the 20s and does not see its debt level as a show stopper. Also they project an EBITDA of nearly $80 million next year and a cash flow of ~$50 million. There debt to EBITDA level next year should be in line with the average in the universe.

https://www.andrewjohns.ca/sites/default/files/TID_20120821%20TID%20Shares%20Entering%20Deep%20Value%20Territory.pdf

I do not see how you see SA as another Europe. Europe is highly developed whereas SA is still in the earlier stages of economic development. I am not sure how local economics play a role here either.

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