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Bullboard - Stock Discussion Forum Lonestar West Inc. V.LSI

"Lonestar West Inc provides the technical application of hydro-vacuum, vacuum, water truck and auxiliary services to infrastructure and oil and gas customers."

TSXV:LSI - Post Discussion

Lonestar West Inc. > Expected news
View:
Post by Aubrey on Apr 30, 2014 11:48pm

Expected news

LSI added 19 trucks to the fleet, and key personnel in the USA., I did not expect them to pay any taxes for last year. I did not expect this to look pretty on the surface. Since this service became available in Alberta it has been welcomed with open arms, and LSI will win the large pipeline bids..Now they have the tools to deliver the revenues.    Most Americans do not yet know what hydrovac is....a safe way to dig a dangerous hole. ..just.add time..I expect the demand in the USA to grow with awareness.  Lonestar sells safety...cheers
Comment by 19MV82 on May 01, 2014 7:21am
Comparing 6 months to 12 months has really skewed these results.  I wish they would have made them more comparative.  It wasn't a great quarter for them, but it would have looked better if they had compared equal timeframes.  Maybe regulations don't allow for that.    I'm going to have to comb through financials and recalculate to get a better idea.   ...more  
Comment by PAGODA5 on May 01, 2014 12:33pm
The revenue numbers are good and should grow nicely over the summer as money is being plowed into the oil patch. @The earnings will come. @ The business is there now they just need to monetize it. @
Comment by Ciao on May 01, 2014 12:36pm
Wait and see stock for most of us now.  Waiting to see what Q1 shows.
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