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ACT Energy Technologies Ltd T.ACX

Alternate Symbol(s):  CETEF

Energy Oil & Gas Drilling
ACT Energy Technologies Ltd., formerly Cathedral Energy Services Ltd., is a Canada-based energy company. It is a partner to North American energy companies requiring high-performance directional drilling, measurement while drilling (MWD) and rotary steerable services, as well as in providing remote operations. It operates in Canada and in the United States as Altitude Energy Partners, and in the United States under Discovery Downhole Services and Rime Downhole Technologies. The Altitude Energy Partners specializes in providing solutions for the energy sector. Its directional drilling services includes mud motors, rotary steerable system (RSS), measurement while drilling (MWD), and real-time operations. The Discovery Downhole Services specializes in providing drilling solutions to meet clients' needs. The Rime Downhole Technologies is an engineering company specializing in crafting products for the downhole MWD industry. Its services include rentals, training, maintenance, and repairs.


TSX:ACX - Post by User

ACT Energy Technologies Ltd
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(73)
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Post by auburn2on Aug 22, 2019 5:26pm
56 Views
Post# 30056811

from q1

from q1
https://www.mnp.ca/SiteAssets/media/PDFs/Miscellaneous/Fiscal-2019/9270-19-CORP%20Q1%20Quarterly%20Reports%20-%20OFS.pdf

notice at a $75 million market cap cet still had far and away the best ev/revenue except for heavily indebted names. that shows you the leverage is very high as margins improve going forward. meaning the share price can rebound in an elevator up fashion as i expect. rarely do you get an oportunity to be exposed to this kind of leverage without also taking on a high degree of financial risk. quite a nice special opportunity.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities