Trican Well Service Ltd. I do not own this stock of Trican Well Service Ltd (TSX-TCW, OTC-TOLWF). I had been pursuing Canyon Services Group Inc. and Trican Well Services Ltd. Canyon Shareholders. This review goes from Canyon Services (to 2016) to Trican Well Services (to current time). The existing company is 56% from Trican Well Services and 44% is from Canyon Group Services. Since this new company of Trican you must follow from someplace and because I had been pursuing Canyon, I made a decision to follow the new bigger company from Canyon.
Neither company is currently paying dividends. Canyon halted theirs this year and Trican has not paid any dividends since 2004. Hopefully dividends will be restarted otherwise I will consider dropping this stock from my list completely. A lot of companies are having difficulties, especially those linked with the oil and gas industry such as this ongoing company.
The mixed company has good debts ratios. The existing Liquidity Ratio is 1.80 and the current debt proportion is 3.87. The existing Leverage and Debt/Equity Ratios are 1.33 and 0.33 respectively. Good personal debt ratios can help visit an ongoing company through bad times. Taking a look at the stock price via Price/Earnings per Share is not helpful.
There are way too many years of getting the loss. Trican is also expected to have an earnings loss for 2017 so there is no current P/E Ratio. However, analysts do expect that the ongoing company will have revenue in 2018 and 2019. Alternatively these estimates are far off. The further in the foreseeable future the estimates will be the more unreliable they are.
4.35. This stock price tests show that the stock price is realistic but above the median. I get a 10-season median Price/Book Value per Share Ratio of just one 1.59. The current P/B Ratio is 1.33 a value some 16% lower. 4.35. This stock price assessment suggests that the stock price is sensible and below the median relatively.
- Rakuten Ventures
- Actually received HRA
- They have maturity of 7 days to 1 1 year
- L 2030
- Zakah and fulfilling the basic needs of the poor
4.35. The existing P/S Ratio is some 9% less than the 10-year median proportion. This stock price testing suggests that the stock price is relatively fair and below the median. When I look at experts’ recommendations I find Strong Buy (4), Buy (10), and Hold (3) suggestions. The consensus suggestion is a Buy.
5.35. Therefore a total comeback of 22.99% with 22.99% from capital benefits and 0% from dividends. An article on Small Cap Power approves of this company and says that it is a great time to buy. Week gives some tech evaluation of the stock The staff at Financial News.
See what analysts are saying about this stock on Stock Chase. Some don’t like the sector, this company is in. Trican Well Service Ltd. Canada-based oilfield services company. The last stock I had written about was Wajax Corp. Wednesday, September 27, 2017 around 5 pm. Tuesday, September 26, 2017 around 5 pm. This website is intended for educational purposes only, and it is never to provide investment advice. Before making any investment decision, you should always do your own research or seek advice from an investment professional. I really do research for my own edification and I am willing to share. I write what I think and I may or might not be correct.
How to calculate the ‘future value’ or ‘present value’ of money by a mathematical formula? Most of us have learnt the Compound Interest within our mathematics curriculum in college. They same formulation can be used to calculate the present value and future value of our money. This formulation may be used to calculate the future and present value of our investments. 1,000 for 7 years @ 15% per annum. Exactly what will be the valued value (FV) after 7 years?
This formula can also be used to calculate the present value of future cash moves. The concept of present value is often used in value investing to estimate the intrinsic value of companies. To understand how exactly we can use the concept of present value, lets take an oversimplified hypothetical example. Suppose you are contacted from your LIC agent who would like to sell you a ULIP. How you can determine if this is a good investment or not? The compound can be used by you interest formula to draw your conclusion. 19 to your pocket.