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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (41290)	6/18/2018 8:55:22 PM
From: Goose94	Read Replies (1) of 202700

Trinidad Drilling (TDG-T) top pick from Josef Schachter on BNN.ca Market Call Monday June 18th @ 1200ET Trinidad’s Q1/18 results showed nice improvement in the U.S., but weakness in Canada. Funds flow came in as expected at $22.2 million or eight cents per share. The U.S. is doing much better and they will add rigs to their Permian fleet. This is the key growth area for the company for the next year or so. Trinidad Drilling is very cheap (book value $4.61 per share) and the company has started a sale process to maximize shareholder value. They sold three rigs in their joint ventur in Saudi for excellent prices and will use the proceeds to fund the U.S. expansion. Buy it on weakness. Our bull market target is $14 per share in 2023 if it hasn’t been taken over before then.

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