I'm new to FIG. what seems to be the overhang on the shares? still from the financial crisis? why is the PEG so low. long as of a couple days ago
Meg is the best. clearly this company was a huge mess when she came in. to be able to lay off 44k is so irresponsible of previous management. and then the split and rebuilding of two newish companies. buy the dip
stock looks cheap here. I guess its just having a little trouble with investor confidence since the plunge? any monkey business in their financials?
i didn't hear any questions about mexico. most of the call focused on weathering this down cycle and they are being very proactive. all in all it gave me confidence to hold.
one quarter is how long i'll give them to articulate a strategy. watching this company die a slow death breaks my heart.
listening to the call...these guys know how to weather a downturn. management is very confident. i'm holding.
I'll be listening for what they have to say about services for well abandonment. maybe this will offset other services down. its also important to listen to the tone of management. either confident they can weather this or worried.