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Precision Drilling Corporation Message Board

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  • DreamMaster5_4 DreamMaster5_4 Sep 22, 1999 4:34 PM Flag

    Fiscal year end changed

    Manbo,...Jefferies raised the target on Presicion
    Drilling to $1.65 a share due to the Revenue potential of
    Computalog,
    150 trucks + 15 skid units = 165 units should
    each bring monthly revenues of 25K each, times 12
    months, equals total annual revenues of close to 50
    million, divided by 42.4 million
    shares outstanding
    $1.18 a share worth of revenue, in so far as the profit
    potential, I have no idea, how much will fall to the bottom
    line, since Computalog will probably expand soon more
    in to open hole logging, and MWD.

 
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