Enterprise Group Inc T.E

Enterprise Group; Desmond Discusses Exciting Q3 Results,

[Brice978]

Enterprise Group; Desmond Discusses Exciting Q3 Results, the Company's Capital Structure & More $E.TO

https://www.youtube.com/watch?v=KGtoaLs64NY

[Stuckinsand]

all this promise, all this expertise and E still trades below 0.30. So Desmond states management owns 35% of the outstanding shares and retail investors own the rest. What about Mr. Nillson? Sure interesting this wasn't discussed. Remember folks smoke and mirrors is the secret sauce of many small desperate companies.

[jcw604]

The 35% management ownership looks about right, as they have around 38% of votes in favor of the current board. About 60% have not voted. That has given them high approval. Yet, you don't know the view of the silent majority, and the view of the Nilsson. I don't think it is that hard to win to 60% over, if there is a business plan that can compete with what is proposed by the current

[jcw604]

I think the fact that the Nilsson is not mentioned is that he is not on their side, and that they have not managed to integrate him into their board. I hope that they are feeling some heat to improve their performance. They have just been milking this cow without having the shareholders to win together with them. JMHO.

[BayStRising]

Just added 30,000 to my position today. The market is in a good spot right now. I have faith in the management. They hae right sized their assets to the perfect level. Top Line revenue expansion is likely and what im betting on. Margin increase. It's a different ERA for oil and these things run in cycles. 

[Stuckinsand]

"Right sized their assets to the perfect level" I guess I missed Desmond's discussion of current and expected utilization rates. Am I the only one that missed this?