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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 9:55pm
144 Views
Post# 22590241

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

RE:RE:RE:RE:RE:RE:Q1 results improved but still weak
We'll see who is right. I'm betting that a stock (NWX) with zero debt, fully-diluted cash of $21.1 million and fully diluted net earnings of $15 million / 14 cents a year and growing has a better chance of going up 100% (from 60 cents to $1.20) in the next few months than a stock (LSI) with lots of debt and net earnings of less than $1 million a year (from $3.65 to $70 a share). Still a fan of LSI, but only long-term. Will buy it again if it falls below $3 again.
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