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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (2129)	11/10/2017 7:49:22 AM
From: Goose94	Read Replies (1) of 202700

Trinidad Drilling (TDG-T) top pick from Josef Schachter on BNN.ca Market Call Thirst-day Nov 9th @ 1300ET TDG is one of Canada’s largest land drillers with operations in Canada (70 Rigs), the U.S. (68 Rigs) and internationally (3 countries 11 rigs). Activity is picking up particularly in the U.S., so we should see rising cash flow going forward. Revenues in 2017 should reach $500M and EBITDA $130M. Cash flow per share should come in at $0.41 this year and $0.56 in 2018. The stock trades substantially below book value of $4.99 at the end of Q2/17. We recommend purchase of the stock below $1.50 per share. Our one year target is $3.00 and our next bull market peak target is $7.00 per share.

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