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Entrec Corp ENTCF

"ENTREC Corp is a Canada based crane and transportation solutions provider company. The group provides heavy haul transportation and crane solutions to the oil and natural gas, construction, petrochemical, mining and power generation industries. In addition, the company is also involved in providing logistics services. It principally operates in Canada and United States, of which majority of the revenue is generated from Canada."


GREY:ENTCF - Post by User

Comment by rationalexuberanceon Oct 12, 2017 3:06pm
183 Views
Post# 26806008

RE:RE:Some steady News Releases.....

RE:RE:Some steady News Releases.....I've been watching this for years and never touched it because of the debt/equity ratio and likelihood of bankruptcy protection but the news the last couple days of extending the maturity date of its debt and paying off some conv debs has definitely made this stock more positive.  The positive c/f statement in the last quarter seems to be key into getting the banks to extend their debt facility.  I liked how their maximum debt is $175mil, as they have $145mil outstanding and this will keep them in check.
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