Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Enterprise Group Inc T.E

Alternate Symbol(s):  ETOLF

Enterprise Group, Inc. is a consolidator of services, including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate carbon dioxide and greenhouse gas emissions for itself and its clients. It provides specialized equipment and services in the build out of infrastructure for the energy, pipeline, and construction industries. The Company provides oilfield infrastructure site services and rentals. Its rental fleet includes patent-pending efficient modular designs that provide its competitive advantage. It designs, manufactures, and assembles its modular/combo equipment, including fuel, generator, light stand, sewage treatment, medic, security and truck trailer combos, or when required, subcontracts manufacturing to local suppliers. It also provides low emission, mobile power systems and associated surface infrastructure to the energy, resource, and industrial sectors.


TSX:E - Post by User

Comment by foundalphaon Feb 10, 2022 2:47pm
118 Views
Post# 34417716

RE:RE:Here's my estimate of how much $ they lost in 2021

RE:RE:Here's my estimate of how much $ they lost in 2021Do I have an estimate of 2022 bottom line? No. Could I estimate liquidation value of the company? Yes. You wouldn't like the answer.

You really believe 2021 isn't important? I suppose their loss for 2021 isn't important if you look at the accumulated losses of $53 million on their balance sheet. There's a pretty obvious 15-year trend line.

I don't think a sophisticated investor would seriously consider an investment in Enterprise given its consistently dismal financial performance and management entrenchment. Look at management compensation. Look at the interest rate Enterprise is forced to pay on its borrowings (10%). Look at its history of buying assets only to later resell them at a loss.

I wish you successfull profits in trading this stock. I wouldn't fall in love with it believing it's a good long-term hold.
<< Previous
Bullboard Posts
Next >>