I'm not 100% sure but I dont think this was an issuance of shares, rather it is a filing to report the purchasing of stock to amount to more than 5% of outstanding shares (specifically without the purpose or effect of changing or influencing the control of the issuer). This NGP partners appears to invest in oil and gas companies, and leverage their industry experience to create value without micromanaging...
I'd say it good news that they're on-board but Englobal isnt listed on their website as a "portfolio company" which doesnt make sense.
Sentiment: Strong Buy
I don't believe they are late with filing this year, in previous years they haven't ever filed the annual report before March. If they file an extension soon then there may be reason to worry.
Sentiment: Strong Buy
If a day trader checkout the past volume and share price. No idea as to who is trading but if you day trade could do good. Not for me I go long , I am a holder.
This is certainly not in favor from investors. Make sense of a stock price of 1.70 for a company that posts a .07 profit and a projected .28 annually. But of course a swing of 60 cents last week is a day traders dream.
Yup. Such a secretive company, strange really for a public company. Maybe they wished they weren't public?
Looks good especially considering the oil market collapse. Mentions acquisitions? Guess we will have to wait for sec filing for specifics. This not a $2 stock. Hopefully someone will pick up coverage with a buy rating!
Quick read shows continued good news for 2015. What's not there (I think) is the recent talk about environmental opportunities. We have got to get a brokerage coverage or this will be dead money. Overall, 2015 should be good with a possibility of new business. The essential need for energy groups to rein in costs is eng expertise. Good luck longs
I have emailed the IR people at ENG asking what the IR people do, apparently not much. They did no advance press on when the report would be out. Even when they expand a segment they or get any new contracts they should be posted. Good report yesterday, no volume and up an entire penny. No one knows of the company or seems to care.
Because of that silence, investors become suspicious that something bad is brewing. When in fact I believe something good is about to happen. Such a good report why would management not take a bow every now and then. Time will tell.
I plan to read more thoroughly this weekend.