OTCPK:AVEFF - Post by User
Post by
Just2017on Sep 21, 2017 7:07pm
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Post# 26728443
Refurbishment Program is Next Bulls-Eye for Aveda
Refurbishment Program is Next Bulls-Eye for Avedahttps://www.stockhouse.com/opinion/interviews/2017/09/21/refurbishment-program-next-bulls-eye-for-aveda
"Over the last four quarters we got seven million dollar improvement quarter over quarter. Then in our most recent quarter, we had about a nine million improvement when we compared the same quarters to the previous year.
Our actual target market is going to depend on which base we are talking about in particular. But I guess in broad terms in general we work for large drilling contractors. Same way with the operators; large, small operators, large independents, medium independents. A long list of blue chip customers to the likes of HMP, Nabors, Chevron, Shell, Precision, Trinidad, the list goes on and on.
We’re really excited about our refurbishment program, I think it’s going to be great to see more of our kit get on the road and a higher utilization of our assets, less dependence on our third parties and I think that will really set us up for 2018 and really improve our profitability as we navigate through 2018."