comments on Trican well service

[ALLFARMER]

Tse:tcw

Price to Book is 0.743

Trading at $6.58 the last few weeks/months have not been kind.

[ALLFARMER]

So if Trican closed up shop tomorrow you could get 1.25 for every dollar invested??

[cottonpicken]

Would have recommended getting out a while back when the house of saud declared war.

Look at there debt and revenue stream,if its on completions and finishing new stuff up with a high debt and cash burn,get out.

IMO NIA DYODD

[ALLFARMER]

I definitely don't think oil is bottoming yet. The patch in Grande Prairie was slower significantly this past week.

Trying to find somewhere to put my farm land rental chq. House rental chq. Working wages chq.

I think I will double down on Input Capital that or a Cdn etf.

The new Cummins Diesel Farmaholic bought sounds nice but?

[hobbyfrmr]

The beauty of INP.V is they are covered. If farmer does not succeed they have part of the crop, and either his crop insurance,life insurance, and/or land.
They claim they have zero debt.
The only discretion. I can think of is management will pay themselves exceptionally well and fleece the investor. They can take from both sides. Once Pike gets his spot on this executive that's when salaries with skyrocket.
At this time the share values are low.

[ALLFARMER]

The top guys sure own lots of shares. The new website is a vast improvement. The recent staff they hired seem very qualified. Price to book for input is estimated at 1.66 which is Fantastic compared to something like Deere's 3.57 price to book.

[ALLFARMER]

The way I see it is Input is sitting on a big pile of cash to lend out, they have a new incentivised sales force.

[cottonpicken]

You could also invest in Raytheon if your conscience allows it.

[farmaholic]

Allfarmer, don't be a fool like me. And you sound like an astute investor who knows the difference between a good and poor investment. Even I know a Ram 2500 diesel is a shitty investment..... got to drive something to town to pick up the AgriStability cheques. .LOL.

[grassfarmer]

Got out of TCW when it dropped below $14. Never regretted it.

[farmaholic]

Cotton, are they providing technology for smart bombs? God I hope I'm not that far off the mark. Sometimes its better to keep one's mouth closed and thought an idiot than open it and remove all doubt... probably too late, a while ago!

[ALLFARMER]

I have learned never to buy when prices are going up up an up. That little lesson cost me $5000 in "tuition"

Carl Icahns stock was going thru the roof....so he decided to add more shares. Nice guy that carl.

[hobbyfrmr]

Allfarmer I agree. they have the farmer risk side covered , but what will they do to capture the investors money? High salaries? Split take dilute shares? It's pretty early for that but it is a strategy.

[cottonpicken]

Raytheon is a BIG defence contractor,makes all sorts of stuff,and if i'm right about major wars coming its going to make alot of money.

I spent alot of time studying military stuff,then sort of stopped because its really sort of disgusting,but then my boys got into it and asked endless questions so i got hooked again and with all the shit happening i put my emotions aside.

Its a waste of time but quite fascinating,like the incident with the uss cook for instance.

The cook went into the black sea in april and a russian su-24 made a dozen mock bombing runs on it and the rumour is had a advanced electronic warfare device that crippled the aegis weapon system,which made the cook helpless.Then it high tailed it out of there and some of the crew where so ****ed up over it they wanted to resign(i dont believe that part).

I dont know any of this to be for sure true,but alot of people believe some of the russian military tech is VERY advanced especially in combat defence,with smaller amount on offence but i may as well shut up unless anyone is interested this sort of babbling.

[ALLFARMER]

My cousin's and I once shot a bricks worth of 22 shells hunting gophers in Provost. We left some for seed / responsible wildlife mgmt.