Ensign Energy Services Inc T.ESI

Acquisition INSIDE NEWS

[Insider]

Heard from well placed sources that acquisition talks are underway and Ensign might be acquired at a 80-85% premium taking the share price of Ensign close to $7.5 from the current $4. 
Announcement expected in first week of March 2023 along with Financial results.
Hold or buy and be ready to sell when the price tops $7

[Insider]

ATB Financial also raised their price target to $9 as they are privy to this inside news. Potential Sales price is still being worked out but the minimum upside from current share price of $4 is 80-85% with potential for more perhaps

[YupnDump]

BLAST OFF..!      to the moon.  GLTA

[Insider]

After reaching an important support level, Ensign Energy Services could be a good stock pick from a technical perspective. ESI recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average. A golden cross is a technical chart pattern that can signify a potential bullish breakout

[DeanEdmonton]

Insider, you were doing good spreading this rumour until you said ATB raised its target to $9 becasue they are aware of this takover. Pure BS. Even if their commercial banking unit knew of a purchase offer they sure as hell wouln't be telling the Wealth Mangement group. They would be in so much trouble for violating a dozen Securites Rules it isn't even funny. Post up some real backing for

[Insider]

Are you done? I have worked at ATB Financial in Corporate group. Do you even know where their chief economist office is housed? He sits in business banking corporate office in Calgary. He doesnt need to give justification for any price target increases does he? How is he violating securities rules if he is not providing any justification behind his price target increase? If you dont know what you

[DeanEdmonton]

Todd Hirsch is no longer the Chief Economist at ATB and hasn't been for quite a while.  On top of that, he and his office are not and were not the ones that deal with price targets. Those are set by ATB Capital. Talk about not knowing what you are talking about. ATB Capital Boosts Ensign Energy Services (TSE:ESI) Price Target to C$9.00 Posted by MarketBeat News on Jan 5th, 2023

[Schussing56]

How long is a "while?" Dating back to before this supposed acquisition became public knowledge? I don't think Hirsch has been replaced in his role as Chief economist. ATB's website only lists a Deputy Chief Economist, Rob Roach. 

[DeanEdmonton]

Todd left ATB and is now self employed and yes, he left in about Sept of 2022, so long before this purported acquisition.

[Possibleidiot01]

Here's an answer from Linkedin. ExperienceExperience Professional SpeakerProfessional Speaker ToddHirsch · Self-employedToddHirsch · Self-employed Aug 2021 - Present · 1 yr 6 mosAug 2021 - Present · 1 yr 6 mos Calgary, Alberta, CanadaCalgary, Alberta,

[malx1]

Who is their technical analyst? How did the golden cross work out?   

[malx1]

Always entertaining when the "experts" vanish once held accountable. I don't buy service companies because they are usually too leveraged for my risk tolerance and their business is cyclical enough as it is. ESI great company, will probably triple from here. I hope it goes to $20 over the next decade. Enjoy!

[malx1]

Google Translator. What is your first language?

[joe0301]

This post has been removed in accordance with Community Policy

[malx1]

Nothing here about cathedral.    And it's the acquiree who get a premium, not the acquiror.  

[DeanEdmonton]

MAlx1 - Insider is just another lying troll, along the lines of RedDeer and his crew. Changes his story every time he gets caught in a lie, but attacks you for catching him, then tries to spin out of it. I put him on ignore a long ways back. Suggest the rest of you do too. He just clutters up a good board otherwise. Stay well.

[malx1]

Thanks Dean.     Appreciate that.   The anonymity of internet investment experts really brings out the worst sometimes.   

[Insider]

You guys are such a joke. Look at what you wrote, the acquiree gets the premium. Cathedral acquired a division of Ensign, so who gets the premium? Yes exactly Ensign The problem is you two are old idiots that have been living by making money shorting Ensign for past decade and I rudely dented your lovely game of fooling people. Shorts are burning and seeing you too cry it reminds everyone here

[malx1]

I don't know of any CPA's who sound like they need Google translator to communicate with other Canadians.  Something is fishy about this one calling themselves insider. 

[Insider]

Obviously numbers, accounting just goes over your brainless head. If you are so interested in vocabulary rather than numbers why don't you join a poetry class and btw take Dean with you.  Both of you will eventually end up there seeing how SHORTS are burning these days. Lastly, understand the difference between acquiree and acquirer. It seems like your Google translator back fired on you.

[malx1]

Where is the mention of Cathedral? This reads as your price target for esi and that you're warning readers of takeover. Explain

[Insider]

An idiot who doesn't know the difference between acquiree and acquirer, one who probably uses a Chinese equivalent of google translator for his posts, is now asking to clarify mention of Cathedral.  Do you need new glasses or is your brain just a sh... Hold...?lolzzzz

[Possibleidiot01]

Sometimes I wonder if people actually read news releases ; did you actually actually notice that there is no acquirer and acquiree here? The division of Ensign merged into Cathredral for shares." The purchase price will be satisfied through the issuance by Cathedral to Ensign Drilling Inc. of 7,017,988 common shares of Cathedral (the "Consideration Shares")." "Ensign did

[malx1]

Still waiting on the Takeover. Was it the Technical Analysts at ATB who said $7 or did they say $14?

[malx1]

Where is "Insider" with his intimate knowledge of a pending transaction?     

[malx1]

It's the first week of May. Ensign hasn't been acquired. What do your "well placed sources" say about the weather this week? I'm planting seeds, so if you tell us it will be sunny then I'll know rain is on the way.