Essential Energy Services Ltd T.ESN

A Floater

[forkliftguy]

I consider Essential to be a floater type of stock .  Nothing much happens  over many years .  The stock price is much lower than it was 15 years ago when I also owned it .  I seem to recall that it was in the $1.15  range in 2008 .  Contrast the stock performance of Ensign Energy which is up 50 % in the last two months and which I also own . I'm really not much interested in a variety of excuses why the company is not doing better .  Can anybody give me a reason to own  ESN going forward   ?   It looks cheap  , but is it really .  Just one retired salesman's opinion

[marketdiva]

Only reason to Own this stock is because soooooo many people have gotten completely destroyed they don't bother with it anymore ...and maybe at some point some group get organized to get rid of mgmt and allow them to be taken over my another company ....they are just dead weight floating around ...to little scale to do much of anything and too incompetent to do anything meaningful . And at

[Rollyzzz1]

This post has been removed in accordance with Community Policy

[marketdiva]

Based on the agm meeting votes mgmt is supposed to act .... just shows you their arrogance ... 

[Possibleidiot01]

Value trap - when the whole sector is enjoying a recovery after many down years of industry underinvestment ( see Precision drilling, Ensign Resources) and this company doesn't ....... Value trap. Owned at one time, sold and follow