Post by
2muchbread on Mar 04, 2021 6:20pm
Honestly pretty good!
3 cents eps on the year, let's say you give them a pe multiple of 10 or so, fair price is around $0.30 currently. And forward earnings will skyrocket with rising oil prices and economies reopening. Pretty freaking good in a pandemic year for an energy services company. Worth holding all year in your TFSA imo
Comment by
Assucker on Mar 04, 2021 8:21pm
I was quite surprised that some of the other companies in the industry didn't try to buy this up yet. It was, and is ripe for a takeover. I currently have close to 2m shares that I was able to purchase for .02-.03. I'm a loser construction worker, and have worked for this company and it's peers for the last 15 years.
Comment by
2muchbread on Mar 05, 2021 7:24am
You work for the company? any insights you can provide? How is the new management doing? Yves and Randy Watt strike me as very competent and able to turn the company around!
Comment by
Assucker on Mar 05, 2021 7:57am
I don't work for them currently. I worked a shutdown for ClearWater, their union company. They were as good as any other company to work for. I do know they are worth a hell of a lot more than 7 million dollars.