OTCPK:GEMNF - Post by User
Post by
Ponch73on Aug 17, 2017 6:34pm
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Post# 26594119
Macro Enterprises (V.MKR) as a Comp?
Macro Enterprises (V.MKR) as a Comp?It would be interesting to know if Macro Enterprises, a Western Canadian pipeline construction and maintenance company based in Ft. St. John, is a good comp for Gemini because they just reported Q2 revenues of $25.2M that were up $12.5M (or 98%) sequentially over Q1.
They also guided to Q3 revenues that would be greater than Q1+Q2 COMBINED. That would make Q3 revenues up 200% over Q1.
Obviously, would love to see the same kind of rising tide lift Gemini.
For what it's worth, Macro appears to be more expensive than Gemini, but also appears to be much better run (positive operating income, low share count, lower SG&A, etc.). Might be a good bogey for the Gemini folks going forward.