Q: I held this company into receivership and it was showing a zero value in my portfolio. With the BC NDP announcing they will go ahead with the Site C dam, I noticed the PRW website is back online and the stock is showing a $.064 value. Will the company come back to life to complete the work? Will they be able to regain control from receivership? or will the partnership in site-C be sold by the receiver to a new bidder?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Can you advise as to the current status and prospects for Petrowest?
Q: I should have gotten rid of these two dogs long ago, but "Nooooo!" Always hoping they'd bounce back. So does one just dump PetroWest at this point and get anything you can? I notice a company called Crown Capital has issued a release, hoping to salvage as much as possible (the assets have to be worth something). As for Neptune (thanks Alex Ruus), do I sell my shares, buy a compass and send it to management, which seems to have no sense of direction?
Q: Could you please give your view of this company, including your assessment of the balance sheet, outlook and insider holdings.
Thanks, Alan
Thanks, Alan
Q: Please shed some light on what on what has happened to this company and lessons learned. From my perspective management looks weak(lack of a viable plan in tough times) and as well as reckless(too much debt). Will they get taken over when/if sector shows signs of life?
Q: I have held PRW for 2 years and am 30% down. It is only 1% of my portfolio. I was hoping for a lift due to its Site C contract but poor weather and fires have disappointed performance. Should I wait for Summer construction season performance or just sell and move on?
Thanks for your advice,
Dick
Thanks for your advice,
Dick
Q: Could you please comment on PRW, including debt load and insider holdings?
Thanks, Alan
Thanks, Alan
Q: Please comment on the market reaction to the quarter.
Q: Your opinion please !
Q: I just noticed your Watchlist feature and have been inputting companies. Can you please add PRW (Petrowest) to the list. It won't show up. Thank you.