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Entrec Corp ENTCF

"ENTREC Corp is a Canada based crane and transportation solutions provider company. The group provides heavy haul transportation and crane solutions to the oil and natural gas, construction, petrochemical, mining and power generation industries. In addition, the company is also involved in providing logistics services. It principally operates in Canada and United States, of which majority of the revenue is generated from Canada."


GREY:ENTCF - Post by User

Bullboard Posts
Post by a4shahon Mar 12, 2013 4:26pm
339 Views
Post# 21118390

Here is what is going on...

Here is what is going on...

What's going on is someone is accumulating cheap shares.

Consider the following:

This was released on Jan 16, 2013 news release:

Based on current expectations for future business activity, ENTREC estimates revenue for the year ending December 31, 2013 could exceed $215 million.  This represents an increase from previous revenue guidance of $200 million and includes anticipated incremental revenue of $4 million from the Taylor Crane acquisition.

For the year ended December 31, 2012, ENTREC estimates its revenue will slightly exceed the high end of its previous revenue guidance of between $125 million and $130 million.

https://www.entrec.com/investors/news-releases/entrec-approves-2013-capital-expenditure-program-and-increases-revenue-guidance.html

 

Now have a look at the presentation Page 19 at:

https://entrec.com/assets/uploads/investorpresentations/February%202013%20Investor%20Presentation.pdf

Revenue for Q1 to Q3 2012 was: $88.5M.

 

This means that they are going to announce revenue around $41.5M for Q4 of 2012. This compares to $15M in revenue in Q4 of 2011.

This is 175% revenue growth!

Note this is based on guidance and actual numbers may vary. We'll find out soon. Also, please correct me if my math is wrong here.

Thanks.

 

Bullboard Posts