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Lonestar West Inc. V.LSI

"Lonestar West Inc provides the technical application of hydro-vacuum, vacuum, water truck and auxiliary services to infrastructure and oil and gas customers."


TSXV:LSI - Post by User

Comment by ValueTraderVicon May 22, 2014 8:48pm
111 Views
Post# 22590071

RE:RE:RE:RE:Q1 results improved but still weak

RE:RE:RE:RE:Q1 results improved but still weak
The buying won't last LSI doesn't report a mega increase in net earnings. Sorry but you are being a little optimistic. I'd rather put my money in a deal NWX where there is no debt, lots of cash and $15million a year in net earnings. No article badmouthing management will change the fundamentals of a stock. I'll invest in LSI once it comes back down which it will just like when it was $4. I know because I was selling then. It'll take LSI at least 3 years to reach net earnings level of $15million. I'm not prepared to wait that long.
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