BigBull,
I listened to the TESOF CC also, and can confirm what you say, things look good. Especially when I look at the old TESOF profits from the boom in 98 (WOW) and I believe, IMHO, their top drive rentals will likely rival that year soon.
You almost got to hear a question on those rentals levels by me, but I waited a bit for another question, not believing there were no more(!) and 'call over' came while I was entering my numbers for the question.
Also, I got interrupted by a business call and missed the part about 50 Million in product sales being "booked" with no marketing effort yet. From hearing the last part of that it sounded like new business, just can't be certain because I missed crucial parts.
Seems like someone in Toronto likes to buy 5-600 share blocks. Get ready for some of that "Stealth" accumulation, ggg.
One thing I really got from the CC was this is a company that has not been discovered here in the US, but when they announce a large contract (My guess, this autumn/winter) with an oil major for casing drilling, IMHO, this stock will FLY!
It's getting near to being my 'one decision' OSX stock.
Best Regards,
Roebear |
