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Key Energy Services Inc. Message Board

  • tidy4567000 tidy4567000 Mar 26, 2012 5:23 PM Flag

    Go KEG!

    Looking good today.

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    • correction: Vice President and Controller, not CFO, who left

    • Would love to know more about this filing and the charges therein. I think shareholders are owed an explanation of what ALPERS at least thought was going on. Maybe rig was on to something after all, sledger. Perhaps the departure of the CFO or the guy in charge of Coiled Tubing a while back had something to do with this as well. Inquiring minds want to know.

    • while Riggy was still pooping his pants, is that rumors are useful only to those who propagate them.

    • As I'm sure you heard. Accusations were not addressed at the presentation. But perhaps it was not the proper place and time or perhaps they haven't even heard about them. I've tried to find some serious documentation of these safety issues (other than Rig's fotos) and haven't been able to. I'm treating them as a non-issue until I see or hear more.

      The whole feeling of the presentation seemed pretty downbeat/gloomy to me. Perhaps tamping down expectation/guidance. It sure didn't make me want to go out and buy more shares even at these prices, but on the other hand didn't make me want to sell out of my position either. Just sort of blah. If these guys are excited about the company's prospects I wish they'd show a little enthusiasm and give shareholders more reason to believe in their growth story. Still complaining about not being able to find and hire enough quality personnel. I got the feeling that the problem child of the business, coiled tubing, still wasn't up to snuff. Demand still seems good.

    • I hope Rigterink's accusations are addressed at this conference today to either validate or dispose of his accusations. Either put it to bed or validate! Get this POS moving back in the direction it was 90 days ago....

    • Rig--Take a look at the chart of IEO which is the ETF for the E & P companies. Chart looks identical to KEG's. Late Feb recent highs and precipitously down from there. Admittedly IEO is down only 23% from those late Feb highs while KEG is down about 44% but that's to be expected from a stock with a 2.5 beta. I don't see any indication in the stock action of any adverse reaction to your safety issues. Rather just an exaggerated mirroring of all the E & P players in particular and the oil service stocks in general. Love your commentary from the trenches, but you haven't convinced me yet that the price decline is anything more than the action of a high beta stock in a badly beaten up sector.

    • guess those safety issue's are poping up on the bottom line now SLEGEMARK

    • Actually I do want to know some facts, but all he has to give is innuendo... like a poser.

    • Looks like the censors got you again, rig. It's amazing. I just got deleted 3 more times trying to respond to you!

    • Rig--I like to hear what you have to say, even if sledger does not. Put it out there and I can decide whether to believe it or not. Sledger takes pride in keeping the board well-policed; too-well-policed for my liking. That's why the board is so inactive and to be frank, dull. I had to rephrase a post 3 times before they stopped deleting it. It was critical of KEG management but only mildly so. Keep your stuff out there if you can get it through the censors. I, for one, am interested.

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