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Bullboard - Stock Discussion Forum Tuscany International Drilling Inc T.TID

TSX:TID - Post Discussion

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Post by rainofstocks on Aug 28, 2012 3:24pm

GROWTH YOY

I can not find any other oilfield sector Company with such strong  growth YOY.

Those   which  are   focused   and  highly   dependent   on    Canada  like   TOT  (Total)   have   stalled.....or  have   losses   like  Trican  (TCW.TO)    and  Calfrac (CFW.TO)  ...

 

Tuscany grows in everything...EBITDA, Revenue, Funds  from  operations..... No  spring  breaks   in  AFRICA    or   BRAZIL   and  Colombia !

and the Company  has obviously  turned  around  as the  profits have  also showed  up  in  2012   and  the Company  monetizes   its   expansion  during    2011.

As  the  CEO  of  Tuscany  said    in   May    2012,  they  would   have   more  profits  in  Q1  2012    but   they  incurred   paper  losses  due  to  a  currency  hedge  they  were   forced  to  take.

Comment by davwal on Aug 31, 2012 2:56pm
ya,i agree,it almost makes me sick
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