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FLINT Corp T.FLNT

Alternate Symbol(s):  NWPIF

FLINT Corp. is an integrated provider of upstream, midstream, and downstream production services. The Company’s segment includes Maintenance and Construction Services and Wear Technology Overlay Services. The Maintenance and Construction Services segment is a fully integrated provider of maintenance and construction services to the energy and industrial markets. It provides maintenance services, welding, fabrication, machining, construction, turnaround services, heavy equipment operators and a resource/labor supply. The Wear Technology Overlay Services segment specializes in the supply and fabrication of overlay pipe spools, pipe bends, wear plates and vessels for corrosion and abrasion resistant applications across various end markets. It provides maintenance, turnaround and construction services to the energy and industrial markets, including oil and gas (upstream, midstream, and downstream), petrochemical, mining, power, agriculture, forestry, infrastructure, and water treatment.


TSX:FLNT - Post by User

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Post by DonTMXon May 05, 2023 12:07pm
215 Views
Post# 35433170

F23-Q1

F23-Q1

We said that many times in all investor relations meetings to all Canadian O&G service companies tier 3&4 similar to this company, you CANNOT come to the market with LOSS from continuing operations!!!!

Loss means you need a change in operation team or cut your OH either or.

Stop emphasising too much on adjusted EBITDA, we as investors/ lenders are concerned that adjustments to earnings are becoming too aggressive as Companies like you trying to get more creative in masking larger debt piles behind lower leveraged levels.....so stop as it does not have a good taste Mr. CEO, you might need some help from strong CFO

 

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