OTCPK:GEMNF - Post by User
Post by
Backwardbladeon Apr 13, 2015 3:00pm
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Post# 23624321
Just Stumbled....
Just Stumbled....I just stumbled on this on a comparison page, while investigating another stock. I intend to look further into this, but the fact that they have one contract that is almost equal to their market cap is quite stunning. Granted that is just revenue.
-I have fired off an e-mail asking what their margins are goiing forward as all customers are negotiating prices
- I asked if this latest contract was based on a cost-plus model or is it an all in bid.
-Have they laid off any workers
-If employees are union, is their room on the balance sheet to negotiate wages if necessary.
-What proportion of their workers are brought in or do they live at one of their five contruction sites?
-It has been 6 months since their last presentation update, where they were looking to increase exposure to heavy oil and specialty extraction.....It would seem to me that the midstream companies should still be the focus of their sales teams given the huge cut in industry capital spending
-Is there any chance of getting involved in government infrastructure...is it even applicable to their focus?
-and finally; what are your projected revenues for the remaining year AS IS? ie what do you have on the books?
Anybody care to weigh in with their experiences with this company so far? Outside of the fact that the stock price is getting hammered that is.....that's a given.
Thanks in advance
BWB