Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

TSX:TID - Post Discussion

Tuscany International Drilling Inc > January 2013 Presentaiont
View:
Comment by Ingiboy on Jan 21, 2013 11:46am
Impressive Presentation.  They tooted the horn nicely but what does it really mean?  We now need results !!!
Comment by bigreturn11 on Jan 21, 2013 6:49pm
Debt is not bad considering the number of rigs and how new many of them are. Considering that most of the assets were acquired using private placements and issuing shares when the SP was much higher prices, I'm not usrpised that P/B is about 0.2. Need to increase utilization rates. The bones are there -IF the utilization increases, profits will come and we will see exponential returns. Great ...more  
Comment by pinetree2 on Jan 23, 2013 10:51am
0.26) Risk Rating: ABOVE AVERAGE Q3/12 RESULTS – EBITDA IN LINE; CURRENT UTILIZATION BELOW EXPECTATIONS Q3/12 Results Summary: ? EBITDA of US$14.7 million was in line with JCI estimate of US$14.6 million (consensus of US$14.1 million), with higher average day rates offsetting lower utilization when compared to our estimates. ? EBITDA margins of 20% vs. JCI estimate of 21%. ? G&A (excluding ...more