High Arctic Energy Services Inc T.HWO

Brutal EBITDA Generation

[auburn2]

This company just can't seem to generate any meaningful EBITDA. The margins are so thin. Expenses eat up all revenues. EBITDA takes out depreciation, of course, which means it technically isn't the best metric because depreciation in the services industry is very real. The equipment does depreciate rapidly. For now, I rate HWO a wait and see situation. There surely are better opportunities.

[JonathanJSmith]

Agreed, It will be a waiting game here. If one is exposed to US Taxes, then it's perfect for investment as one can benefit from long term capital gains. Conversely, if one is holding shares in their tax deferred accounts, then yes, I'd probably look elsewhere for "fast money". The stock is still worth more than what it's currently trading at. That being said, management

[Notgnu]

On the side note, though I do tend to morn the loss or great words and phrases language does continuously evolve. The phrase "get a dictionary" is gradually losing (not loosing) itzzz status. Cheers, Notgnu