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.

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 12, 2022 8:10pm
127 Views
Post# 34423773

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

RE:RE:RE:RE:RE:Here's my estimate of how much $ they lost in 2021Here's a little wrinkle with a takeover. Recall my earlier accusation of management entrenchment...

Len (CEO), Warren (CFO), and Des (VP of something) have change of control clauses in their employment contracts and would receive $2.6 million, $0.8 million and $0.7 million respectively. So, an extra $4.1 million on top of today's market cap of $18 million is required if E is taken out.

Those change of control clauses equate to 30 months of salary. So, the top 3 guys pull in collective compensation of $1.2 million on annual revenue of less than $19 million. To the moon, baby!
<< Previous
Bullboard Posts
Next >>