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Computer Modelling Group Ltd T.CMG

Alternate Symbol(s):  CMDXF

Technology Software - Application
Computer Modelling Group Ltd. is a Canada-based global software and consulting company. The Company is engaged in the development and licensing of reservoir simulation and seismic interpretation software. The Company also provides professional services consisting of highly specialized support, consulting, training, and contract research activities. The Company operates through two segments: CMG and BHV. The CMG segment is engaged in the development and licensing of reservoir simulation software. The BHV segment is engaged in the development and licensing of seismic interpretation software. The Company has a diverse customer base of international oil companies in approximately 60 countries. The Company’s software includes CMOST, IMEX, GEM, STARS, CoFlow, Builder, Results and WinProp. The Company has sales and technical support services based in Calgary, Houston, London, Dubai, Bogota, and Kuala Lumpur.


TSX:CMG - Post by User

Computer Modelling Group Ltd
Bullboard Posts
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(3)
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Comment by dpunt32on May 22, 2015 7:05pm
248 Views
Post# 23756377

RE:RE:SP

RE:RE:SPresults are good compared to others, the challenge for CMG is it carries a very expensive valuation..it trades at over 35x  next years earnings, and given slowdown earnings will not grow that rapidly..hard to justify that valuation imo
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities