comments on Trican well service

**ALLFARMER** · Dec 4, 2014, 14:55

So if Trican closed up shop tomorrow you could get 1.25 for every dollar invested??

**cottonpicken** · Dec 4, 2014, 15:49

Would have recommended getting out a while back when the house of saud declared war.

Look at there debt and revenue stream,if its on completions and finishing new stuff up with a high debt and cash burn,get out.

IMO NIA DYODD

**ALLFARMER** · Dec 4, 2014, 16:36

I definitely don't think oil is bottoming yet. The patch in Grande Prairie was slower significantly this past week.

Trying to find somewhere to put my farm land rental chq. House rental chq. Working wages chq.

I think I will double down on Input Capital that or a Cdn etf.

The new Cummins Diesel Farmaholic bought sounds nice but?

**hobbyfrmr** · Dec 4, 2014, 16:49

The beauty of INP.V is they are covered. If farmer does not succeed they have part of the crop, and either his crop insurance,life insurance, and/or land.
They claim they have zero debt.
The only discretion. I can think of is management will pay themselves exceptionally well and fleece the investor. They can take from both sides. Once Pike gets his spot on this executive that's when salaries with skyrocket.
At this time the share values are low.

**ALLFARMER** · Dec 4, 2014, 16:54

The top guys sure own lots of shares. The new website is a vast improvement. The recent staff they hired seem very qualified. Price to book for input is estimated at 1.66 which is Fantastic compared to something like Deere's 3.57 price to book.

**ALLFARMER** · Dec 4, 2014, 17:11

The way I see it is Input is sitting on a big pile of cash to lend out, they have a new incentivised sales force.

**cottonpicken** · Dec 4, 2014, 17:33

You could also invest in Raytheon if your conscience allows it.

**farmaholic** · Dec 4, 2014, 18:13

Allfarmer, don't be a fool like me. And you sound like an astute investor who knows the difference between a good and poor investment. Even I know a Ram 2500 diesel is a shitty investment..... got to drive something to town to pick up the AgriStability cheques. .LOL.

**grassfarmer** · Dec 4, 2014, 18:16

Got out of TCW when it dropped below $14. Never regretted it.

comments on Trican well service