Trican Well Service Ltd T.TCW

NCIB

[Coopsvw92]

TCW has resumed purchasing and cancelling shares at current levels with the NCIB.  Obviously management believes stock is under valued at current price.

[EstevanOutsider]

With a cash fortress they will defend. Thanks to all the clowns who tried to convince me not to buy Trican sub $1 and then sub $2 and then above $2 and opt for high beta torque names that have since completely tanked like they should. Can we set a 52-week high this week? Let's do it.

[HugeCrane]

Have to agree with you Estevan. They will defend and with Delta coming, and eventually turning over in approximately a 3 month window, management may have actually picked THE BEST time in 2021 to buy back shares. Yes the stock price was lower earlier in the year, but the NCIB will help hold the line in case Delta fears start coming into play with investors. I'm not so sure we see another 52

[firstworld]

Yes a Covid welfare cash fortress they should be forced to return all of since do t need it LOL. Nothing more than a soviet style govt funded corp now with oldest fleet in N. America. Still not $3.00! Russians will slap down the oil price at the same time lagging Canadians get going haha

[firstworld]

AOI killing it with their African oil and market access to $6 BN people. Why would anyone invest in communist Canadian oil with market access to 450 MN people at 40% discount LOL. I suppose of it's covid welfare cash makes no difference hahah