Third person talking about yourself is old and stupid.
No, but the buyout of the Diesel company will be announced in the next 7 to 14 days imo.........
You've already seen my appraisal and valuation.
Spandex was selling, but still owns 30,000 shares. Nothing like your 125,000 William T.
I think spandex wrote covered calls and lost most of his shares on the spike. This would explain why he always had a negative comment while stating he was vested. Just glad we are flirting with highs on a down day in the market.
Could some other company have WG in their crosshairs now that its clear that revenue is heading higher....and real earnings are around the corner ..............??
Maybe someone can cut costs and make money by buying us and cutting out the fat ......
Someone clearly is buying up shares......maybe they liked the insider buy that was close to its 52 week high.
That's usually a VERY bullish sign ........lets see if we can spring past $11 .
That is my long term opinion. They would need about $100M GAAP profit. You can see the turn around is well under way. Oil and Gas has a $123M better backlog this year. They have gotten rid of unproductive assets and will pay down over $100M in debt. I see a EBTIDA improvement greater than $100M alone this year and that's not counting the $150M-$300M improvement in revenues they just guided on. That alone should net them an additional $20M in operating profits.
If they land the two additional MSA deals, I'm sure we hit the higher end. The margins on projects have definitely improved. For every 1% improvement, that means $23M in profits. I also like that insiders are holding shares. CEO alone has 1M shares. He's highly motivated to make this very profitable and eliminate what was dragging it down. I got a hunch he would like to see the million shares, valued near my highs.
Trading at the high of the day. New contract win? Analyst upgrade? Keystone pressure finally winning. That will lift all boats and fast. The turn around story here is greater than $80M and with additional pay down on debt this year of at least $66M-$86M. Throw in the Tax credit and the non repeat of certain expenses they incurred last year on refinancing of credit line, that was over $11M. I also like that they have backlog increase over last year. The best quarter to own WG is the second and third quarters of the year. So we should see this move above $11 and maybe test $12.
…just like your posts, Debbie Downer. Good thing you sold your huge and profitable position near the high.
Actually they stated they would pay down $50M in Debt in 2013. They paid $33m in the fourth quarter. They plan on paying down $65M-$85M this year. I love the part where you have to tell us you are long, no dummy you sold a bunch below $9 and bunch below $10. Now you wish you had those shares. Actually the only amount left to the Nigerians is $36M. I suggest in the future, read everything three times, so it has time to settle in . We missed your stupid comments about this trading In the $7's.
At the beginning of 2013 WG management stated they would pay down $100 million on the debt. This did not happen. $33 million?
Read the transcript closely, I did not read anything earth shattering except that they are looking at an adversely impacted upcoming quarter due to weather, another year of break even #'s, and it's all on the come. Just like last year, the year before, etc.
WG was suppose to make money this quarter.
Breakeven, ZERO real profit. But the stock went up $100 million in value? I am long this stock but really have to ask...................Here we go again? All promises on the come?
I found Randy's comment, "everyone knows why we are going to do good", no Randy, Why don't you enlighten us. The CFO's explanation of the Nigerian debt obligation of $54 million will happen somewhat of an illusion.
He said the same thing last year.
Looks like we had 7 SEC 4 filings on Friday.
James Gibson 14,242 shares acquired
Edward Wiegele 24,274 shares acquired -sold 2,964
Van Welch 22,013 shares acquired -sold 2,082
Robert Harl 172,468 shares acquired
John Allcorn 13,075 shares acquired -sold 1,396
Peter Arbour 11,006 shares acquired
Jerrit Coward 13,075 shares acquired -sold 1345
This looks like some compensation award. What I loved about it most of them held at least 90% of them and the CEO held 100%. The CEO has a boat load of shares in a family partnership. Who's more motivated to do whatever they can to make a profit. This group has some skin in the game. 240,000 they kept. I hope they feel, that down the road theses shares will be much higher than todays price?
They are well on their way to paying down $100M in debt. At 8% interest rate that equals $8M dollars of profit the following years will enjoy. That alone adds about $4 a share in valuation. I believe we definitely see the $20 a share price this year.
Nice to see these things. Maybe a few more will jump on board. That usually gets you some press from the sites that track these things. I also notice that he didn't use any options to get shares cheaper. This was a open market buy. Throw in the CFO was buying in November.
I still believe we will see an easy triple down the road. Nice find.
John McNabb - Director of WG just bought 5000 shares of WG at $9.96 on 3/3/14
Good sign when the insiders are buying while the stock is at or near its 52 week high !!!!!!
Dude....you are a idiot.........go back and look at my posts to you on the CAMP board from over 1 year ago.........no we are not the same person.......
You just have many people on Yahoo who think you are a idiot for the LOUSY posts you put up constantly complaining about management.........you did that here on the WG board and you did it again too on the CAMP board......
And you were WRONG both times considering where BOTH of these companies are trading now..........