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Enterprise Group Inc T.E

Alternate Symbol(s):  ETOLF

Enterprise Group, Inc. is a consolidator of services, including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate carbon dioxide and greenhouse gas emissions for itself and its clients. It provides specialized equipment and services in the build out of infrastructure for the energy, pipeline, and construction industries. The Company provides oilfield infrastructure site services and rentals. Its rental fleet includes patent-pending efficient modular designs that provide its competitive advantage. It designs, manufactures, and assembles its modular/combo equipment, including fuel, generator, light stand, sewage treatment, medic, security and truck trailer combos, or when required, subcontracts manufacturing to local suppliers. It also provides low emission, mobile power systems and associated surface infrastructure to the energy, resource, and industrial sectors.


TSX:E - Post by User

Bullboard Posts
Post by 10bagson May 27, 2013 4:20pm
137 Views
Post# 21458272

Post 3:1 reverse split earnings

Post 3:1 reverse split earnings

The other way of look at this potential reverse split is that the EPS wil increase 3 fold.  In the latest quarter they made $3.2 million or $0.05 per share on some 65 million shares.  On a 3:1 consolidation that'll work out to $3.2 million on 22 million shares or an EPS of $0.14/sh.  That's for one quarter.  It doesn't include dilution due to financing or the new acquisition but, on an annualized basis that would work out to $0.58 per share.  Hopefully that would attract analyts' attention and make even a post-split price of $1.65 seem undervalued......my two bits, for what it's worth.

Bullboard Posts