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Bullboard - Stock Discussion Forum Hyduke Energy Services Inc. HYKCF

"Hyduke Energy Services Inc is an integrated oilfield services company engaged in the manufacture, repair and distribution of oilfield equipment. The company operates in three segments, Manufacturing and Fabrication segment that designs, manufactures, refurbishes and repairs land-based drilling rigs, well servicing rig, drilling support equipment, workover support equipment, storage tanks... see more

GREY:HYKCF - Post Discussion

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Post by Rigchaser372 on Aug 10, 2018 7:49pm

P/B

I can't believe after hydukes financial performance over the past 3,2,1 years and last Q there still trading at .8 book. This company trades like a pot stock with no future potential. Can someone help me out as to where old management and original stakeholders have gone to? Do they have any control ? Patrick Ross has been a cancer on this company . I still believe in the original platform was well planned there supply side is still a company that can be salvaged but looks like Patrick has almost killed that as well. I'm sure there is no chance for future equity injection with the current management in place as there use of 13 mm 9 months ago has been more then swindled . Only chance is for the large stake holders to do a purge of all management and get the bleed stopped and then worries about increasing the revinue. At this point there in a trend of more work more losses. I would love to hear otherwise point of views on this.
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