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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 PAGODA5on Feb 02, 2015 10:58am
106 Views
Post# 23388028

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Same idea applies to Lonestar

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Same idea applies to LonestarI don't see much better value out there then Lonestar's stock at the moment.  At under $2, you are buying this business at below break-up value.  You give this 8-12 months, with an oil recovery to say $75, which I believe is coming,this stock should be at least $3.50-$3.75.  Near a double  any way you cut it.   

I also know their trucks are becoming more and more involved in road reconstruction in both the States and Canada.  
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