Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RGinPG who wrote (21695)	5/8/1998 10:20:00 AM
From: SliderOnTheBlack	Read Replies (2) of 95453

HMAR / Hvide is sure looking good in the Boat/Fab/Marine sector... a quick link to my favorite ''pre-morning cofffee'' site shows nice technicals; rgdoczzz.home.texas.net A question for the more experienced here: Am I correct in viewing the Boat sector as the best hedge against continued depression of oil prices; as opposed to other service sectors and drillers? TDW looks like a no-brainer bargain, near 2 year lows, PE sub-10, debt free and tons of cash. HLX showing good numbers, backlog of contracts exceed last years total revenues and new joint venture in China bodes well for continued growth in profitable International markets. HMAR is looking particularly strong; has a huge backlog of contracts including a major venture with New Port News Shipbuilding & their Double Eagle Tanker program. They have an exciting new patented Tug design coming online and have a virtual lock on the ''Jones Act'' coastal trade niche. Earnings were up 57% and revenues doubled with major increases in their International markets which reflects the payoff of their strategic planning with dynamic growth potential in Asia. These guys are not just sitting on their duffs complaining about the over-supply in the Gulf region... They have several state of the art newbuilds entering service over the next two years that will receive premium rates and utilization; boding well for continued earnings growth.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next