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Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

Trican Well Service Ltd. is a Canada-based oilfield services company. The Company supplies oil and natural gas well servicing equipment and solutions to its customers through the drilling, completion and production cycles. Its services include hydraulic fracturing, cementing, acidizing, coiled tubing and technical solutions. Its cementing solutions combine equipment, quality cement blends and ongoing research and development. Cementing solutions include pre-flushes and spacers, surface cementing, intermediate cementing, liner cementing, cement plugs and others. The coiled tubing includes milling, coiled tubing fracturing, E-Coil and others. It provides equipment, engineering support, reservoir expertise and laboratory services through the delivery of hydraulic fracturing, cementing, coiled tubing, nitrogen services and chemical sales for the oil and gas industry in Western Canada. Its milling services include fracturing plugs, fracturing ports, stage tool/debris sub and others.


TSX:TCW - Post by User

Bullboard Posts
Comment by Funinthesun1on Sep 06, 2018 12:35am
135 Views
Post# 28570070

RE:RE:RE:RE:dont sell your shares...imo.

RE:RE:RE:RE:dont sell your shares...imo. As well, they (the company) knows that once they play  the divvies card, this is going north fast.  They wond to that until they buy back all the company shares they want.  

I think of of it a second another win-win.  The perfect storm if you will.  

Less sharss on the market - cresting more shareholder value
less share dilution - company value goes up
one they finish the buy back - play the divvy card (Q2, Q3 2019). A run up on share
price happens.  You're 3.00 share suddenly (span of a few months) is valued at $10.00.  

Once you summon tnat card, it's only one way and it's up.  The past has shown that with TCW.  
As well, with less outstanding shares (which is what is happening right now); this could easily go back to its $20 range as it did quite a few times.  

Perfect storm is brewing.  Many of these employees hold allot of shares and they are looking to retire on a yatch, not a 16ft aluminum boat and they have the chance to do that once they pull the divvy card...especially once the share buy backs are complete.  

A person could not make this up if they tried.  Add $100 oil to that!?  

Many will ill make allot of money being a bag holder with them and it won't be in 5 years from now....count them more in terms of months.  
My bet is less than 12.  

IMO


Funinthesun1 wrote: My idea on divvies is next year, 2nd or 3rd quarter.  At this time, the companies sees a buying opportunity in buying its shares at 3.00 (or lower!).  Its a win/win/win.   Win for the company as share are ultra cheap, win for the shareholders as they augment in shareholder and another win for both as they will raise cash over the long run at double or triple share value.  

Divvies are in sight and with less common shares out there, they will be better than 01/15 (last divvies date) and could potentially bring this back to $10+ share.  

Good business.  The trick with this now is to stay away from the "sell" button and come up with the guts to hold and look away.  At these rates, I'd buy more.  

5 analysts - 1 aggressive buy/3 buys/1 hold.  Average target short term $5.00.  

They are are strong and getting stronger.  This will "pop".  
Seen it many times like clockwork.  

Divvies will be the cherry on top and it's coming.

IMO 


howchewdoin wrote: I want divvies back.  What do you think? Winter, Spring? Not an April Fool's joke, but Christmas would be pretty neat.




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