Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

WEQ Holdings Inc T.WEQ


Primary Symbol: WONEF

Industrials Conglomerates
WEQ Holdings Inc, formerly known as WesternOne Inc, is a Canada-based shell company. The Company holds no assets.


GREY:WONEF - Post by User

WEQ Holdings Inc
Bullboard Posts
User Avatar Image
(0)
•••
Comment by AD31313on Oct 24, 2016 8:59pm
110 Views
Post# 25380574

RE:RE:RE:AD31313

RE:RE:RE:AD31313Rainmaker - what I'm struggling to understand is how you see this story turning aroud.  Whether or not they do a reverse split, this stock is going to go lower.  They are at a net debt to ebitda in excess of 6.0, that's not sustainable with the downtrend in sales WEQ is seeing.  Furthermore, they rent out "dime a dozen" equipment that Hertz and United Rentals can under-cut and oversupply them in any market on any given day.  Lastly, they have an uncompetitive modular housing business that can't even begin to break the ground that Horizon North Logistics and other similar entities bring to the table. 

HNL has recently won provincial contracts and has a huge runway of non-oil growth ahead now.  WEQ can't even seem to steer towards a decision on what markets they have any competitiveness left in.

I welcome your thoughts.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities