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Black Diamond Group Ltd T.BDI

Alternate Symbol(s):  BDIMF

Black Diamond Group Limited is a specialty rental and industrial services company. Its segments include Modular Space Solutions (MSS) and Workforce Solutions (WFS). MSS, through its principal brands, BOXX Modular, CLM, MPA Systems, and Schiavi, owns a rental fleet of modular buildings of various types and sizes. Its network of local branches rent, sell, service, and provide ancillary products and services to a diverse customer base in the construction, industrial, education, financial, and government sectors. WFS owns a large rental fleet of modular accommodation assets of various types. Its regional operating terminals rent, sell, service, and provide ancillary products and services, including turnkey operated camps for an array of customers in various sectors. It operates in Canada, the United States and Australia. In addition, WFS includes LodgeLink, which operates a digital marketplace for business-to-business crew accommodation, travel and logistics services across North America.


TSX:BDI - Post by User

Bullboard Posts
Post by Just1Questionon Nov 07, 2017 7:59pm
216 Views
Post# 26922118

The lights will stay on

The lights will stay onHighlights of Third quarter results are:

-  6 cents per share loss (improvement over prior quarters)
-  increased utilization of modular
-  extension of credit facility
-  living within their means and diversification outside Alberta

Readling between the lines - the company is well positioned to keep the lights on while they wait for bigger projects to be announced.

Oil's recent run up may revive some mothballed expansion plans, and pipelines may get a shovel in the ground in 2018.

Cheers


Bullboard Posts