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Second Wave Petroleum Inc SCSZF



GREY:SCSZF - Post by User

Bullboard Posts
Comment by idleSpeculatoron May 04, 2005 11:28pm
54 Views
Post# 8998707

RE: Business Objectives

RE: Business ObjectivesTo tend to agree with most of what you say Tamarlane. Transctional income was promised 2000 with Blackbird. It was finally delivered in a noticable form end of last year, yes unusually long. Ramp up with TT/SB is TOO slow to make SP sing, managment appreciate this hence the aqquisition of Vivo. They have never had a problem selling in the past, just delivering. Now they have a product that is easy to deliver, can they still sell?? You have to give it to them, they are for once addressing the problem head on. Wether they will succeed? I see income increase much more arithmetic than geometric, maybe a small geometric term in there, so like jet I don't believe the 10 year prediction is realisting, but I do think income increase is very realistic. You have already seen when I think that will really start to shift the SP. ot great, but perhaps realistic. Idle
Bullboard Posts