Dale,
Good morning, I just bumped into your thread while doing a search on FGI and UFAB. Your comment:
"How good is the projection if the demand for drilling platforms is weak? I don't know the industry but I would like to hear that from someone who does."
I am afraid I cannot be considered an authority, but I will note a few points. It is a near consensus among those that do follow the industry that natural gas could be in relatively short supply this winter. It is my understanding that this will impact drilling in the Gulf of Mexico which will positively impact UFAB, FGI etc.
So they have lagged, the more tightly the spring has been wound. Some on the SD thread are looking for "Boom 2000", and here is a post referencing the NG situation.
Message 11015902
Edit, Slider wrote the above post while I was writing this one to you, I find it amusing he also mentioned the "coiled spring", though in reference to NG stocks.
BTW, if you have the time, could you take a look at RRC and see what you think?
Best Regards,
Roebear
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