Enterprise Group Inc.

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Enterprise Group has maintained a strong vision to be the largest construction services and specialized equipment rental organization in Western Canada. With development activity in the energy services and civil construction sector expected to increase as the economy strengthens, the Enterprise G...

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Enterprise Group Inc.

lockPrivateGroup

Enterprise Group has maintained a strong vision to be the largest construction services and specialized equipment ren......

people48 Members       (0)

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Media Relations posted an update in ENTERPRISE GROUP INC.

6 months ago

Enterprise Group
Investor Presentation
February 2019


Thumb enterprise pp feb 2019

https://www.enterprisegrp.ca/presentation.pdf

Thumb 8020 media relations

Media Relations posted an update in ENTERPRISE GROUP INC.

10 months ago

Enterprise Group (TSX: $E. TO) Don't Freeze LNG out of your Portfolio

By: Motion Communications


insert_drive_fileDon_t_Freeze_LNG.pdf
Thumb don t freeze lng

Thumb 8020 media relations

Media Relations

1 year ago

Media Relations posted an update Investors: Winter is Coming in ENTERPRISE GROUP INC.

Artic Therm is Ready.


Whether pro-pipeline or con, most have no idea the science and safety protocols employed when an oil or natural gas line is laid. The general consensus --that a truckload of pipe is rolled up to a ditch and dumped in is -- in a word, crazy.


Why Artic Therm?


- Since 1997, pioneers in flameless heating and pipeline thermal expansion solutions


- ATI uses portable equipment and proprietary technology to provide efficient ‘Flameless Heat’ and breathable ‘Green Air’ in remote locations that present extreme climate challenges


- Outputs of 125,000 to 3.3 million BTUs


- Blower technology provides up to 15,000 CFM (Cubic feet per minute)


- Versatility that facilitates numerous heating and thawing applications



Laying pipeline is a complex industrial dance of extreme safety measures. Not the least of which is the expansion and contraction of the pipeline sections themselves. Artic Therm (ATI) is the leader in this sector, not to mention other areas (thawing, grain drying, etc.). The Company has and continues to develop a myriad of applications for its flameless heat technology. This time of year, is when companies are organizing the equipment necessary to realize their planned infrastructure builds. Pipeline construction has a very precise set of preparatory steps.


Artic Therm specializes in pipe diameters ranging from 4 to 48 inches: And pipe lengths from a few feet to several kilometers. In the Arctic, the difference in the ambient temperature versus the temperature of the liquid flowing through can have a massive effect on its integrity. Even high school physics teaches that really hot versus really cold is a recipe for disaster for pipe not properly prepared. Relatively complex calculations are employed to determine the time and temperature necessary to expand and lengthen the pipe, which thereby reduces stresses as well as the need for numerous expansion couplings, or indeed any at all.


The process changes little with size or length; however non-insulated lines have many variables that can affect the pre-heating. ATI engineering helps to determine the section lengths which are dependent upon the pipeline scope, size and ambient temperatures. On the smaller diameter lines, the Company will utilize a drafting method to allow consistent flow and absorption of heat. Drafting involves using a heating unit to push the heat and a blower on the distal end to draw the heat.


‘Over 20 years ago, Artic Therm pioneered this technology and now has the largest fleet of flameless units in the country” stated Des O’Kell, SVP of Enterprise Group. “During the construction phase of a 79,494 m3 tank, the ATI 2500 supplied breathable heated air into the tank; which melted built up snow and ice, over 8’’(20.32cm) thick . For this size of tank, the ATI 2500 with 2,500,000 BTU, 8,500 CFM, and a maximum output of 115°C was flawless.”



500,000 Barrel Tanks•Internal temperature achieved 112°C •Average ambient temperature -15°C


The other aspect to the heating is ATI’s ‘Green Air’, which ensures that should personnel have to work in the environment, the air is contaminant free. When that pipe is installed, along with other protocols, the normal stress upon flow has been vastly reduced and the pipe is contaminant free. Normally the oil etc., is treated as well to eliminate contaminants.


Heat in the arctic is as important as water in the desert.


Safety Never Takes A Holiday


- Positive air shut down
- Murphy gauges
- Double containment
- Brushless alternators
- Operating beacon lights
- User friendly system
- GPS software


Should any onboard systems fail or approach failure, the units’ Murphy Gauges will shut the equipment down and alert the operator either onsite or off. The CFM pusher fan located near the rear of the unit then drives the clean breathable heat through the 12 or 16-inch manual outlets into the target area. The heat that the engine and exhaust produces is reclaimed and recirculated.


Keep up with the Jeeps


The purpose of heating is to see who can have the prettiest pipeline but is employed to make these crucial pieces of infrastructure as safe with the longest life possible. Pipelines are coated with a non-conductive coating. During transport and deployment, the coating can suffer anything from a large gash to an imperceptible crack, exposing the metal pipe. As with all welds, the pipe is x-rayed to both check integrity and identify other imperfections know as jeeps.



ATI’s mission is to provide an efficient flameless and breathable heat for multiple applications in remote locations and extreme climate challenges. ATI achieves this with three divisions. The first being rentals, which consists of over 150 portable tow-behind Heaters as well as several large self-contained truck mounted flameless units. ATI’s climate control technology focuses on air quality within confined spaces. And lastly, ATI projects division, that utilizes the same technology, but on a much larger scale, allows versatility for the varied and unique client specifications.


Investors Take Note. Now.



For investors, ATI and Enterprise are bearing down on a potentially record season. Quote requests are up smartly, and the company feels complete deployment of heating units is likely. The shares more than doubled this year (C$0.29-C$0.62) and have settled back to the C$0.40 per share range. Spring and early summer tend to be quieter as the Company ramps up for fall and winter; historically a reasonable time to pick up some shares.


Also, with the uncertainty of US tariffs, prices for new machines are rising as are parts. It is within the realm of certainty that all of these factors could well lead Enterprise into record revenue territory.


The one thing this tariff watusi tells us is that while always a good business call, renting likely was never so important.


Winter is Coming: Operators await.


 


Disclaimer: Nothing in this article should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this article is not provided to any individual with a view toward their individual circumstances. Baystreet.ca has been paid a fee of one thousand eight hundred dollars for Enterprise Group advertising. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

!
Thumb year end 2017

Darren Stewart replied to the topic Media Relations  update in ENTERPRISE GROUP INC.

1 year ago

Darren Stewart posted an update Enterprise Group (TSX:E): Doubled YTD. Hunting for Accretive Acquisitions in ENTERPRISE GROUP INC.



If one had purchased shares in Enterprise Group (E: TSX) on or prior to the first stock market trading day in 2018 (as you have/had been told multiple times for months), you would have beaten virtually every global index. The price has more than doubled YTD 2018. Think not? Morningstar agrees. Interesting to note also that YTD, not one of the Global ETF’s at Morningstar in the Infrastructure sector has shown any positive return.


How Come? Management


YTD, Enterprise management retired all remaining corporate debt, focused on the fast-growing industrial resource rental equipment market and has $40 million in bank lines for accretive acquisitions. With a share price under C$0.60, which as noted has doubled year to date, growth potential appears stable as the book value recently rose from C$0.85 to C$1.01.



Given the many savvy management moves made year to date, the current Enterprise share price could represent the harbinger to significant future growth.


“As we move through 2018-19, Enterprise’s three successful subsidiaries constitute even more of a role in our growth,” stated Desmond O’Kell, SVP of Enterprise. “Reviewing potential acquisitions, we have a solid mandate to integrate any additions to our structure to provide an immediate benefit to shareholders. Our acquisition and sale history (below) has been both strategic and extremely profitable. Management looks forward to taking the Enterprise Group to the next level. And beyond.”


TC Backhoe was sold in 2016 for approximately C$20 million. The Company was purchased in 2007 for C$12 million and generated $150 million.


Calgary Tunnelling acquired in June 2013 for $12.0 million generated approximately $60 million in profitable revenue to Enterprise. Gross proceeds of the 2018 sales transaction were $20.6 million.


The last four years are the culmination of two cycles. First, it heralds that the Company is ready and capable of exceptional growth as it enters this new phase with a clean balance sheet. Second, it proves that the planning, execution as well as pain and suffering experience since June 2014 has been extremely constructive.



Renting with Hart


If one is building a mining or oil business Hartoil rents customized equipment for project sites, drilling & completions and facilities that require mobile infrastructure.


Hart currently has 6 locations are strategically located throughout west central and northern Alberta and northeastern British Columbia. These 6 locations have allowed Hart to establish six complementary "service circles" that slightly overlap and enable Hart to deliver oilfield site set-up services and equipment rentals efficiently to its customers. Plus, the ability to respond quickly to requests for service or repairs to its equipment.


“Our large competitive advantage is the ability to what we refer to as ‘combo technology’," states Joel Bardwell, Senior Manager at Hart. "Whether on a skid or one of our exclusive portable trailers, we can deliver not only the equipment required but customize it to be the most cost-effective. Hart and by extension Enterprise, have developed a reputation as a ‘one-stop shop,' which puts the exceptional quality of equipment and service against those looking to save a slight bit of cost."


As commodities rise, there is a commensurate rise in both business and incoming inquiries for services like Hart. Like the other subs, Hart gained props for working with clients in pricing and advice during the downturn. Hence, they are seeing old clients returning and new clients coming on board.


When asked what types of acquisitions he’d like to see, Bardwell stated that they be complementary and further add to Hart et al. 's vast and diverse equipment base.


ArticTherm: Heat without Fire


Flameless heat seems a contradiction, but it has been an excellent business for ArticTherm and parent Enterprise. Artic Therm provides an efficient Flameless Heat and Green Air technology for multiple applications utilizing some or all of its 150-portable units at remote locations to deal with extreme climate challenges. All pipeline to be buried must be dry and covered with a special coating to ensure against corrosion. The trick, particularly in -30 Celsius degree temps, is to dry out and repair dings in the surface, known as ‘jeeps.'



Bill Roddick, Project Manager for Arctic Therm, has seen more than a increase in incoming inquiries for both rentals and project work. The latter is for large pipeline deals where the heating may take several weeks and must have a corporate operator to utilize the specialized equipment for a myriad of reasons, including; repair, pre-expansion or drying.


A growing trend is for large oil and gas companies to bury four pipelines (lines) in one trench. Previously several trenches were needed and as a result were way less cost-effective. Roddick is also constructive about the Enterprise’s STAR software development and believes customers will embrace the efficiency it brings as equipment can be tracked precisely in real time.


Solid plans can be made as material comes off one job and on to another. If one of any asset equipped with the STAR technology needs attention while out in the field, there is a good chance the originating company will know and could deal with it before the customer even knows there is an issue.


Trust in Westar



Westar Oil Field Rentals General Manager George Bergen is all about customer service. Mid 2017-mid 2018 was a good year. Westar is a highly-regarded full-service oilfield site and infrastructure company that fulfills multiple equipment rental needs for a variety of Oil & Gas customers, and it is currently operating a large fleet (400) of unique and specialized equipment.


Westar has innovated many solutions and tailored its equipment and service around the specific needs and requirements of their blue-chip client base. Westar is an employee and safety driven organization, encouraging personal growth and a team-building atmosphere.


Bergen is expecting another strong year as Trans Canada Pipeline is engaged in several large projects. The 1000-pound (or 453.59237k) gorilla for the entire industry is the Q3 2018 announcement of the commencement of Shell’s LNG plant. The industry is optimistic the project will go ahead.


Westar regularly secures contracts from large and small clients. Due to its reputation and business practices the Company may well not be the lowest bid.


The following consolidated chart shows that growth is strong, and profitability has been in place for the last three quarters. The Company has been cash flow positive every quarter since the downturn began in 2015.



Enterprise management has a straightforward acquisition strategy; buy excellent and synergistic companies with excellent management and give them the ability to grow. Management is all on the same page and would like to see accretive, complementary acquisitions to expand the group and continue to grow shareholder value.


Enterprise and its subsidiaries are the solid indicators that consistent and savvy win the race. And will likely continue.


So far, so good.



Disclaimer: Nothing in this article should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this article is not provided to any individual with a view toward their individual circumstances. Baystreet.ca has been paid a fee of one thousand two hundred dollars for Enterprise Group advertising. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.




News Provided by Livemoney via QuoteMedia

!
Thumb 8020 media relations

Media Relations

1 year ago

Media Relations posted an update Enterprise Group (TSX:E): Doubled YTD. Hunting for Accretive Acquisitions in ENTERPRISE GROUP INC.



If one had purchased shares in Enterprise Group (E: TSX) on or prior to the first stock market trading day in 2018 (as you have/had been told multiple times for months), you would have beaten virtually every global index. The price has more than doubled YTD 2018. Think not? Morningstar agrees. Interesting to note also that YTD, not one of the Global ETF’s at Morningstar in the Infrastructure sector has shown any positive return.


How Come? Management


YTD, Enterprise management retired all remaining corporate debt, focused on the fast-growing industrial resource rental equipment market and has $40 million in bank lines for accretive acquisitions. With a share price under C$0.60, which as noted has doubled year to date, growth potential appears stable as the book value recently rose from C$0.85 to C$1.01.



Given the many savvy management moves made year to date, the current Enterprise share price could represent the harbinger to significant future growth.


“As we move through 2018-19, Enterprise’s three successful subsidiaries constitute even more of a role in our growth,” stated Desmond O’Kell, SVP of Enterprise. “Reviewing potential acquisitions, we have a solid mandate to integrate any additions to our structure to provide an immediate benefit to shareholders. Our acquisition and sale history (below) has been both strategic and extremely profitable. Management looks forward to taking the Enterprise Group to the next level. And beyond.”


TC Backhoe was sold in 2016 for approximately C$20 million. The Company was purchased in 2007 for C$12 million and generated $150 million.


Calgary Tunnelling acquired in June 2013 for $12.0 million generated approximately $60 million in profitable revenue to Enterprise. Gross proceeds of the 2018 sales transaction were $20.6 million.


The last four years are the culmination of two cycles. First, it heralds that the Company is ready and capable of exceptional growth as it enters this new phase with a clean balance sheet. Second, it proves that the planning, execution as well as pain and suffering experience since June 2014 has been extremely constructive.



Renting with Hart


If one is building a mining or oil business Hartoil rents customized equipment for project sites, drilling & completions and facilities that require mobile infrastructure.


Hart currently has 6 locations are strategically located throughout west central and northern Alberta and northeastern British Columbia. These 6 locations have allowed Hart to establish six complementary "service circles" that slightly overlap and enable Hart to deliver oilfield site set-up services and equipment rentals efficiently to its customers. Plus, the ability to respond quickly to requests for service or repairs to its equipment.


“Our large competitive advantage is the ability to what we refer to as ‘combo technology’," states Joel Bardwell, Senior Manager at Hart. "Whether on a skid or one of our exclusive portable trailers, we can deliver not only the equipment required but customize it to be the most cost-effective. Hart and by extension Enterprise, have developed a reputation as a ‘one-stop shop,' which puts the exceptional quality of equipment and service against those looking to save a slight bit of cost."


As commodities rise, there is a commensurate rise in both business and incoming inquiries for services like Hart. Like the other subs, Hart gained props for working with clients in pricing and advice during the downturn. Hence, they are seeing old clients returning and new clients coming on board.


When asked what types of acquisitions he’d like to see, Bardwell stated that they be complementary and further add to Hart et al. 's vast and diverse equipment base.


ArticTherm: Heat without Fire


Flameless heat seems a contradiction, but it has been an excellent business for ArticTherm and parent Enterprise. Artic Therm provides an efficient Flameless Heat and Green Air technology for multiple applications utilizing some or all of its 150-portable units at remote locations to deal with extreme climate challenges. All pipeline to be buried must be dry and covered with a special coating to ensure against corrosion. The trick, particularly in -30 Celsius degree temps, is to dry out and repair dings in the surface, known as ‘jeeps.'



Bill Roddick, Project Manager for Arctic Therm, has seen more than a increase in incoming inquiries for both rentals and project work. The latter is for large pipeline deals where the heating may take several weeks and must have a corporate operator to utilize the specialized equipment for a myriad of reasons, including; repair, pre-expansion or drying.


A growing trend is for large oil and gas companies to bury four pipelines (lines) in one trench. Previously several trenches were needed and as a result were way less cost-effective. Roddick is also constructive about the Enterprise’s STAR software development and believes customers will embrace the efficiency it brings as equipment can be tracked precisely in real time.


Solid plans can be made as material comes off one job and on to another. If one of any asset equipped with the STAR technology needs attention while out in the field, there is a good chance the originating company will know and could deal with it before the customer even knows there is an issue.


Trust in Westar



Westar Oil Field Rentals General Manager George Bergen is all about customer service. Mid 2017-mid 2018 was a good year. Westar is a highly-regarded full-service oilfield site and infrastructure company that fulfills multiple equipment rental needs for a variety of Oil & Gas customers, and it is currently operating a large fleet (400) of unique and specialized equipment.


Westar has innovated many solutions and tailored its equipment and service around the specific needs and requirements of their blue-chip client base. Westar is an employee and safety driven organization, encouraging personal growth and a team-building atmosphere.


Bergen is expecting another strong year as Trans Canada Pipeline is engaged in several large projects. The 1000-pound (or 453.59237k) gorilla for the entire industry is the Q3 2018 announcement of the commencement of Shell’s LNG plant. The industry is optimistic the project will go ahead.


Westar regularly secures contracts from large and small clients. Due to its reputation and business practices the Company may well not be the lowest bid.


The following consolidated chart shows that growth is strong, and profitability has been in place for the last three quarters. The Company has been cash flow positive every quarter since the downturn began in 2015.



Enterprise management has a straightforward acquisition strategy; buy excellent and synergistic companies with excellent management and give them the ability to grow. Management is all on the same page and would like to see accretive, complementary acquisitions to expand the group and continue to grow shareholder value.


Enterprise and its subsidiaries are the solid indicators that consistent and savvy win the race. And will likely continue.


So far, so good.



Disclaimer: Nothing in this article should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this article is not provided to any individual with a view toward their individual circumstances. Baystreet.ca has been paid a fee of one thousand two hundred dollars for Enterprise Group advertising. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.




News Provided by Livemoney via QuoteMedia

!
Thumb 8020 media relations

Media Relations

1 year ago

Media Relations posted a press release Enterprise Group (TSX:E) Q1/2018 eps $0.06 vs Q1/2017 eps ($0.02) in ENTERPRISE GROUP INC.

Enterprise Group has experienced almost four years of share price consolidation, following the vicious 2014 resource sector decline. The Company is now stronger and leaner than pre-2014, and management’s aggressive initiatives have seen the stock price rise to new 52-week highs. The Company remained cashflow positive throughout and profitable Q3, Q4 2015 and Q1 2018.


June 2013-May 2018 Enterprise Group (E: TSX)



Background Facts:


- Book Value $1.01


- Current share price $0.55


- No debt


- NCIB of 5% of E stock ongoing.


- $40 million in bank lines available for funding acquisitions


- Q1 2018 eps $0.06 vs. Q1 2017 eps ($0.02)


- Net income Q1 2018 $3.2 million versus Q1 2017 ($50,627)


- Q1 2018 Revenues down 3% from Q1 2017


- Development of proprietary ‘Star’ inventory tracking software system will cut costs and significantly enhance revenues.


One-quarter of profits can be a fluke; two, lucky but three a reasonable trend. For Enterprise, it is the result of planning and execution. From the depths of the resource malaise, the shares are now debt free, cash flow positive and profitable. Not to mention on the acquisition trail with $55 million of cash.


Management has positioned the Company to be the premier resource for industrial equipment rental; initially in the West, ultimately North America and possibly further afield.



Just as the shares received an unfair shellacking as the oil price fell, there seems to be a renaissance afoot that sees oil, currently $70 plus, hitting $100 by 2019. Not that would drive the shares back to their all-time high of $3.50 in 2014, but one has to figure there is excellent potential to regain a good chunk of that decline should oil, and the sector continues to improve.


Given the initiatives put in place and arguably to come, the price may also benefit from proper, old fashion management.


Yes, management is still a thing.



Revenues Down 3%? Should investors Care?


“In the first quarter of 2018 no construction work was completed on a major construction project in Northeastern B.C,” states Desmond O’Kell, SVP of Enterprise. “Otherwise the Company continues to see increased activity. The increased activity experienced by other customers did not fully offset the loss of revenue earned in the first quarter of 2017 associated with that project resulting in a slight decrease in revenues for the quarter. At March 31, 2018, after adjusting for goodwill and deferred taxes, the Company has assets more than total debt of approximately $54,000,000. Enterprise will continue to look for and secure opportunities that improve its financial position and opportunities that will allow the Company to diversify and expand.”


Management owns 21 percent of the outstanding shares.


StarChain


While maximizing revenues and reducing costs is often espoused by the management of most companies, Enterprise has developed StarChain technology, proprietary software, and attendant hardware. Modules will be attached to each piece of rental equipment.


Simply put, Star technology enables its customers to automate and schedule the utilization of the equipment which delivering several benefits that include reduced fuel expenses, lowering onsite maintenance costs and real-time reporting. Several features will be available to the customer in Q3, Q4 2018.


The Company has a history of developing solutions for its customer and has fifteen plus patents in its IP portfolio.


One of the initial cost savings is several thousand dollars a month the technology gains by rendering individual GPS.


ther benefits are utilizing the SaaS tech as a base platform for future applications, improves margins and of course maximizes revenues.


Not to mention the incredible competitive advantage afforded Enterprise as it has no plans to sell or license StarChain at this juncture. There appears to be no competitive software.


So, What Now?


As business continues to build, Enterprise has been able to raise its pricing in line with demand. One of the first things it did when the sector imploded was to reduce costs to remain competitive. It also became a resource to customers and prospects to ensure not just its viability but that of its customers. That practice has served the Company well as the business builds.


Enterprise also recently sold its infrastructure subsidiary Calgary Tunneling (CTHA), to focus on the industrial rental business that brings its subsidiaries’ strength to the fore and provides a stable base for growth. The last four years meet as the culmination of two cycles. First, it heralds that the Company is ready and capable of exceptional growth as it enters this new phase with a clean balance sheet. Second, it proves that the planning, execution as well as pain and suffering since June 2014 has been constructive.


There are many acquisition targets currently being evaluated by the Company. Each will be acquired with not only growth in mind but immediately accretive and strongly complement its existing subsidiaries.


YTD 2018 Enterprise Group (E: TSX)



Disclaimer: Nothing in this article should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is not an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this article is not provided to any individual with a view toward their individual circumstances. Individuals are strongly encouraged to not use this article as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

!

Enterprise Group Inc.

lockPrivate Group

Enterprise Group has maintained a strong vision to be the largest construction services and specialized equipment rental organization in Western Canada. With development activity in the energy services and civil construction sector expected to increase as the economy strengthens, the Enterprise G...

people48 Members       (0)

Corporate Profile
Group Admins:
  • Thumb 8020 monitor 200200 2
  • Thumb desmond
  • Thumb no photo
Request Membership


Enterprise Group Inc.

lockPrivateGroup

Enterprise Group has maintained a strong vision to be the largest construction services and specialized equipment ren......

people48 Members       (0)

Thumb 8020 media relations

Media Relations posted an update in ENTERPRISE GROUP INC.

6 months ago

Enterprise Group
Investor Presentation
February 2019


Thumb enterprise pp feb 2019

https://www.enterprisegrp.ca/presentation.pdf

Thumb 8020 media relations

Media Relations posted an update in ENTERPRISE GROUP INC.

10 months ago

Enterprise Group (TSX: $E. TO) Don't Freeze LNG out of your Portfolio

By: Motion Communications


insert_drive_fileDon_t_Freeze_LNG.pdf
Thumb don t freeze lng

Thumb 8020 media relations

Media Relations

1 year ago

Media Relations posted an update Investors: Winter is Coming in ENTERPRISE GROUP INC.

Artic Therm is Ready.


Whether pro-pipeline or con, most have no idea the science and safety protocols employed when an oil or natural gas line is laid. The general consensus --that a truckload of pipe is rolled up to a ditch and dumped in is -- in a word, crazy.


Why Artic Therm?


- Since 1997, pioneers in flameless heating and pipeline thermal expansion solutions


- ATI uses portable equipment and proprietary technology to provide efficient ‘Flameless Heat’ and breathable ‘Green Air’ in remote locations that present extreme climate challenges


- Outputs of 125,000 to 3.3 million BTUs


- Blower technology provides up to 15,000 CFM (Cubic feet per minute)


- Versatility that facilitates numerous heating and thawing applications



Laying pipeline is a complex industrial dance of extreme safety measures. Not the least of which is the expansion and contraction of the pipeline sections themselves. Artic Therm (ATI) is the leader in this sector, not to mention other areas (thawing, grain drying, etc.). The Company has and continues to develop a myriad of applications for its flameless heat technology. This time of year, is when companies are organizing the equipment necessary to realize their planned infrastructure builds. Pipeline construction has a very precise set of preparatory steps.


Artic Therm specializes in pipe diameters ranging from 4 to 48 inches: And pipe lengths from a few feet to several kilometers. In the Arctic, the difference in the ambient temperature versus the temperature of the liquid flowing through can have a massive effect on its integrity. Even high school physics teaches that really hot versus really cold is a recipe for disaster for pipe not properly prepared. Relatively complex calculations are employed to determine the time and temperature necessary to expand and lengthen the pipe, which thereby reduces stresses as well as the need for numerous expansion couplings, or indeed any at all.


The process changes little with size or length; however non-insulated lines have many variables that can affect the pre-heating. ATI engineering helps to determine the section lengths which are dependent upon the pipeline scope, size and ambient temperatures. On the smaller diameter lines, the Company will utilize a drafting method to allow consistent flow and absorption of heat. Drafting involves using a heating unit to push the heat and a blower on the distal end to draw the heat.


‘Over 20 years ago, Artic Therm pioneered this technology and now has the largest fleet of flameless units in the country” stated Des O’Kell, SVP of Enterprise Group. “During the construction phase of a 79,494 m3 tank, the ATI 2500 supplied breathable heated air into the tank; which melted built up snow and ice, over 8’’(20.32cm) thick . For this size of tank, the ATI 2500 with 2,500,000 BTU, 8,500 CFM, and a maximum output of 115°C was flawless.”



500,000 Barrel Tanks•Internal temperature achieved 112°C •Average ambient temperature -15°C


The other aspect to the heating is ATI’s ‘Green Air’, which ensures that should personnel have to work in the environment, the air is contaminant free. When that pipe is installed, along with other protocols, the normal stress upon flow has been vastly reduced and the pipe is contaminant free. Normally the oil etc., is treated as well to eliminate contaminants.


Heat in the arctic is as important as water in the desert.


Safety Never Takes A Holiday


- Positive air shut down
- Murphy gauges
- Double containment
- Brushless alternators
- Operating beacon lights
- User friendly system
- GPS software


Should any onboard systems fail or approach failure, the units’ Murphy Gauges will shut the equipment down and alert the operator either onsite or off. The CFM pusher fan located near the rear of the unit then drives the clean breathable heat through the 12 or 16-inch manual outlets into the target area. The heat that the engine and exhaust produces is reclaimed and recirculated.


Keep up with the Jeeps


The purpose of heating is to see who can have the prettiest pipeline but is employed to make these crucial pieces of infrastructure as safe with the longest life possible. Pipelines are coated with a non-conductive coating. During transport and deployment, the coating can suffer anything from a large gash to an imperceptible crack, exposing the metal pipe. As with all welds, the pipe is x-rayed to both check integrity and identify other imperfections know as jeeps.



ATI’s mission is to provide an efficient flameless and breathable heat for multiple applications in remote locations and extreme climate challenges. ATI achieves this with three divisions. The first being rentals, which consists of over 150 portable tow-behind Heaters as well as several large self-contained truck mounted flameless units. ATI’s climate control technology focuses on air quality within confined spaces. And lastly, ATI projects division, that utilizes the same technology, but on a much larger scale, allows versatility for the varied and unique client specifications.


Investors Take Note. Now.



For investors, ATI and Enterprise are bearing down on a potentially record season. Quote requests are up smartly, and the company feels complete deployment of heating units is likely. The shares more than doubled this year (C$0.29-C$0.62) and have settled back to the C$0.40 per share range. Spring and early summer tend to be quieter as the Company ramps up for fall and winter; historically a reasonable time to pick up some shares.


Also, with the uncertainty of US tariffs, prices for new machines are rising as are parts. It is within the realm of certainty that all of these factors could well lead Enterprise into record revenue territory.


The one thing this tariff watusi tells us is that while always a good business call, renting likely was never so important.


Winter is Coming: Operators await.


 


Disclaimer: Nothing in this article should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this article is not provided to any individual with a view toward their individual circumstances. Baystreet.ca has been paid a fee of one thousand eight hundred dollars for Enterprise Group advertising. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

!
Thumb year end 2017

Darren Stewart replied to the topic Media Relations  update in ENTERPRISE GROUP INC.

1 year ago

Darren Stewart posted an update Enterprise Group (TSX:E): Doubled YTD. Hunting for Accretive Acquisitions in ENTERPRISE GROUP INC.



If one had purchased shares in Enterprise Group (E: TSX) on or prior to the first stock market trading day in 2018 (as you have/had been told multiple times for months), you would have beaten virtually every global index. The price has more than doubled YTD 2018. Think not? Morningstar agrees. Interesting to note also that YTD, not one of the Global ETF’s at Morningstar in the Infrastructure sector has shown any positive return.


How Come? Management


YTD, Enterprise management retired all remaining corporate debt, focused on the fast-growing industrial resource rental equipment market and has $40 million in bank lines for accretive acquisitions. With a share price under C$0.60, which as noted has doubled year to date, growth potential appears stable as the book value recently rose from C$0.85 to C$1.01.



Given the many savvy management moves made year to date, the current Enterprise share price could represent the harbinger to significant future growth.


“As we move through 2018-19, Enterprise’s three successful subsidiaries constitute even more of a role in our growth,” stated Desmond O’Kell, SVP of Enterprise. “Reviewing potential acquisitions, we have a solid mandate to integrate any additions to our structure to provide an immediate benefit to shareholders. Our acquisition and sale history (below) has been both strategic and extremely profitable. Management looks forward to taking the Enterprise Group to the next level. And beyond.”


TC Backhoe was sold in 2016 for approximately C$20 million. The Company was purchased in 2007 for C$12 million and generated $150 million.


Calgary Tunnelling acquired in June 2013 for $12.0 million generated approximately $60 million in profitable revenue to Enterprise. Gross proceeds of the 2018 sales transaction were $20.6 million.


The last four years are the culmination of two cycles. First, it heralds that the Company is ready and capable of exceptional growth as it enters this new phase with a clean balance sheet. Second, it proves that the planning, execution as well as pain and suffering experience since June 2014 has been extremely constructive.



Renting with Hart


If one is building a mining or oil business Hartoil rents customized equipment for project sites, drilling & completions and facilities that require mobile infrastructure.


Hart currently has 6 locations are strategically located throughout west central and northern Alberta and northeastern British Columbia. These 6 locations have allowed Hart to establish six complementary "service circles" that slightly overlap and enable Hart to deliver oilfield site set-up services and equipment rentals efficiently to its customers. Plus, the ability to respond quickly to requests for service or repairs to its equipment.


“Our large competitive advantage is the ability to what we refer to as ‘combo technology’," states Joel Bardwell, Senior Manager at Hart. "Whether on a skid or one of our exclusive portable trailers, we can deliver not only the equipment required but customize it to be the most cost-effective. Hart and by extension Enterprise, have developed a reputation as a ‘one-stop shop,' which puts the exceptional quality of equipment and service against those looking to save a slight bit of cost."


As commodities rise, there is a commensurate rise in both business and incoming inquiries for services like Hart. Like the other subs, Hart gained props for working with clients in pricing and advice during the downturn. Hence, they are seeing old clients returning and new clients coming on board.


When asked what types of acquisitions he’d like to see, Bardwell stated that they be complementary and further add to Hart et al. 's vast and diverse equipment base.


ArticTherm: Heat without Fire


Flameless heat seems a contradiction, but it has been an excellent business for ArticTherm and parent Enterprise. Artic Therm provides an efficient Flameless Heat and Green Air technology for multiple applications utilizing some or all of its 150-portable units at remote locations to deal with extreme climate challenges. All pipeline to be buried must be dry and covered with a special coating to ensure against corrosion. The trick, particularly in -30 Celsius degree temps, is to dry out and repair dings in the surface, known as ‘jeeps.'



Bill Roddick, Project Manager for Arctic Therm, has seen more than a increase in incoming inquiries for both rentals and project work. The latter is for large pipeline deals where the heating may take several weeks and must have a corporate operator to utilize the specialized equipment for a myriad of reasons, including; repair, pre-expansion or drying.


A growing trend is for large oil and gas companies to bury four pipelines (lines) in one trench. Previously several trenches were needed and as a result were way less cost-effective. Roddick is also constructive about the Enterprise’s STAR software development and believes customers will embrace the efficiency it brings as equipment can be tracked precisely in real time.


Solid plans can be made as material comes off one job and on to another. If one of any asset equipped with the STAR technology needs attention while out in the field, there is a good chance the originating company will know and could deal with it before the customer even knows there is an issue.


Trust in Westar



Westar Oil Field Rentals General Manager George Bergen is all about customer service. Mid 2017-mid 2018 was a good year. Westar is a highly-regarded full-service oilfield site and infrastructure company that fulfills multiple equipment rental needs for a variety of Oil & Gas customers, and it is currently operating a large fleet (400) of unique and specialized equipment.


Westar has innovated many solutions and tailored its equipment and service around the specific needs and requirements of their blue-chip client base. Westar is an employee and safety driven organization, encouraging personal growth and a team-building atmosphere.


Bergen is expecting another strong year as Trans Canada Pipeline is engaged in several large projects. The 1000-pound (or 453.59237k) gorilla for the entire industry is the Q3 2018 announcement of the commencement of Shell’s LNG plant. The industry is optimistic the project will go ahead.


Westar regularly secures contracts from large and small clients. Due to its reputation and business practices the Company may well not be the lowest bid.


The following consolidated chart shows that growth is strong, and profitability has been in place for the last three quarters. The Company has been cash flow positive every quarter since the downturn began in 2015.



Enterprise management has a straightforward acquisition strategy; buy excellent and synergistic companies with excellent management and give them the ability to grow. Management is all on the same page and would like to see accretive, complementary acquisitions to expand the group and continue to grow shareholder value.


Enterprise and its subsidiaries are the solid indicators that consistent and savvy win the race. And will likely continue.


So far, so good.



Disclaimer: Nothing in this article should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this article is not provided to any individual with a view toward their individual circumstances. Baystreet.ca has been paid a fee of one thousand two hundred dollars for Enterprise Group advertising. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.




News Provided by Livemoney via QuoteMedia

!
Thumb 8020 media relations

Media Relations

1 year ago

Media Relations posted an update Enterprise Group (TSX:E): Doubled YTD. Hunting for Accretive Acquisitions in ENTERPRISE GROUP INC.



If one had purchased shares in Enterprise Group (E: TSX) on or prior to the first stock market trading day in 2018 (as you have/had been told multiple times for months), you would have beaten virtually every global index. The price has more than doubled YTD 2018. Think not? Morningstar agrees. Interesting to note also that YTD, not one of the Global ETF’s at Morningstar in the Infrastructure sector has shown any positive return.


How Come? Management


YTD, Enterprise management retired all remaining corporate debt, focused on the fast-growing industrial resource rental equipment market and has $40 million in bank lines for accretive acquisitions. With a share price under C$0.60, which as noted has doubled year to date, growth potential appears stable as the book value recently rose from C$0.85 to C$1.01.



Given the many savvy management moves made year to date, the current Enterprise share price could represent the harbinger to significant future growth.


“As we move through 2018-19, Enterprise’s three successful subsidiaries constitute even more of a role in our growth,” stated Desmond O’Kell, SVP of Enterprise. “Reviewing potential acquisitions, we have a solid mandate to integrate any additions to our structure to provide an immediate benefit to shareholders. Our acquisition and sale history (below) has been both strategic and extremely profitable. Management looks forward to taking the Enterprise Group to the next level. And beyond.”


TC Backhoe was sold in 2016 for approximately C$20 million. The Company was purchased in 2007 for C$12 million and generated $150 million.


Calgary Tunnelling acquired in June 2013 for $12.0 million generated approximately $60 million in profitable revenue to Enterprise. Gross proceeds of the 2018 sales transaction were $20.6 million.


The last four years are the culmination of two cycles. First, it heralds that the Company is ready and capable of exceptional growth as it enters this new phase with a clean balance sheet. Second, it proves that the planning, execution as well as pain and suffering experience since June 2014 has been extremely constructive.



Renting with Hart


If one is building a mining or oil business Hartoil rents customized equipment for project sites, drilling & completions and facilities that require mobile infrastructure.


Hart currently has 6 locations are strategically located throughout west central and northern Alberta and northeastern British Columbia. These 6 locations have allowed Hart to establish six complementary "service circles" that slightly overlap and enable Hart to deliver oilfield site set-up services and equipment rentals efficiently to its customers. Plus, the ability to respond quickly to requests for service or repairs to its equipment.


“Our large competitive advantage is the ability to what we refer to as ‘combo technology’," states Joel Bardwell, Senior Manager at Hart. "Whether on a skid or one of our exclusive portable trailers, we can deliver not only the equipment required but customize it to be the most cost-effective. Hart and by extension Enterprise, have developed a reputation as a ‘one-stop shop,' which puts the exceptional quality of equipment and service against those looking to save a slight bit of cost."


As commodities rise, there is a commensurate rise in both business and incoming inquiries for services like Hart. Like the other subs, Hart gained props for working with clients in pricing and advice during the downturn. Hence, they are seeing old clients returning and new clients coming on board.


When asked what types of acquisitions he’d like to see, Bardwell stated that they be complementary and further add to Hart et al. 's vast and diverse equipment base.


ArticTherm: Heat without Fire


Flameless heat seems a contradiction, but it has been an excellent business for ArticTherm and parent Enterprise. Artic Therm provides an efficient Flameless Heat and Green Air technology for multiple applications utilizing some or all of its 150-portable units at remote locations to deal with extreme climate challenges. All pipeline to be buried must be dry and covered with a special coating to ensure against corrosion. The trick, particularly in -30 Celsius degree temps, is to dry out and repair dings in the surface, known as ‘jeeps.'



Bill Roddick, Project Manager for Arctic Therm, has seen more than a increase in incoming inquiries for both rentals and project work. The latter is for large pipeline deals where the heating may take several weeks and must have a corporate operator to utilize the specialized equipment for a myriad of reasons, including; repair, pre-expansion or drying.


A growing trend is for large oil and gas companies to bury four pipelines (lines) in one trench. Previously several trenches were needed and as a result were way less cost-effective. Roddick is also constructive about the Enterprise’s STAR software development and believes customers will embrace the efficiency it brings as equipment can be tracked precisely in real time.


Solid plans can be made as material comes off one job and on to another. If one of any asset equipped with the STAR technology needs attention while out in the field, there is a good chance the originating company will know and could deal with it before the customer even knows there is an issue.


Trust in Westar



Westar Oil Field Rentals General Manager George Bergen is all about customer service. Mid 2017-mid 2018 was a good year. Westar is a highly-regarded full-service oilfield site and infrastructure company that fulfills multiple equipment rental needs for a variety of Oil & Gas customers, and it is currently operating a large fleet (400) of unique and specialized equipment.


Westar has innovated many solutions and tailored its equipment and service around the specific needs and requirements of their blue-chip client base. Westar is an employee and safety driven organization, encouraging personal growth and a team-building atmosphere.


Bergen is expecting another strong year as Trans Canada Pipeline is engaged in several large projects. The 1000-pound (or 453.59237k) gorilla for the entire industry is the Q3 2018 announcement of the commencement of Shell’s LNG plant. The industry is optimistic the project will go ahead.


Westar regularly secures contracts from large and small clients. Due to its reputation and business practices the Company may well not be the lowest bid.


The following consolidated chart shows that growth is strong, and profitability has been in place for the last three quarters. The Company has been cash flow positive every quarter since the downturn began in 2015.



Enterprise management has a straightforward acquisition strategy; buy excellent and synergistic companies with excellent management and give them the ability to grow. Management is all on the same page and would like to see accretive, complementary acquisitions to expand the group and continue to grow shareholder value.


Enterprise and its subsidiaries are the solid indicators that consistent and savvy win the race. And will likely continue.


So far, so good.



Disclaimer: Nothing in this article should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this article is not provided to any individual with a view toward their individual circumstances. Baystreet.ca has been paid a fee of one thousand two hundred dollars for Enterprise Group advertising. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.




News Provided by Livemoney via QuoteMedia

!
Thumb 8020 media relations

Media Relations

1 year ago

Media Relations posted a press release Enterprise Group (TSX:E) Q1/2018 eps $0.06 vs Q1/2017 eps ($0.02) in ENTERPRISE GROUP INC.

Enterprise Group has experienced almost four years of share price consolidation, following the vicious 2014 resource sector decline. The Company is now stronger and leaner than pre-2014, and management’s aggressive initiatives have seen the stock price rise to new 52-week highs. The Company remained cashflow positive throughout and profitable Q3, Q4 2015 and Q1 2018.


June 2013-May 2018 Enterprise Group (E: TSX)



Background Facts:


- Book Value $1.01


- Current share price $0.55


- No debt


- NCIB of 5% of E stock ongoing.


- $40 million in bank lines available for funding acquisitions


- Q1 2018 eps $0.06 vs. Q1 2017 eps ($0.02)


- Net income Q1 2018 $3.2 million versus Q1 2017 ($50,627)


- Q1 2018 Revenues down 3% from Q1 2017


- Development of proprietary ‘Star’ inventory tracking software system will cut costs and significantly enhance revenues.


One-quarter of profits can be a fluke; two, lucky but three a reasonable trend. For Enterprise, it is the result of planning and execution. From the depths of the resource malaise, the shares are now debt free, cash flow positive and profitable. Not to mention on the acquisition trail with $55 million of cash.


Management has positioned the Company to be the premier resource for industrial equipment rental; initially in the West, ultimately North America and possibly further afield.



Just as the shares received an unfair shellacking as the oil price fell, there seems to be a renaissance afoot that sees oil, currently $70 plus, hitting $100 by 2019. Not that would drive the shares back to their all-time high of $3.50 in 2014, but one has to figure there is excellent potential to regain a good chunk of that decline should oil, and the sector continues to improve.


Given the initiatives put in place and arguably to come, the price may also benefit from proper, old fashion management.


Yes, management is still a thing.



Revenues Down 3%? Should investors Care?


“In the first quarter of 2018 no construction work was completed on a major construction project in Northeastern B.C,” states Desmond O’Kell, SVP of Enterprise. “Otherwise the Company continues to see increased activity. The increased activity experienced by other customers did not fully offset the loss of revenue earned in the first quarter of 2017 associated with that project resulting in a slight decrease in revenues for the quarter. At March 31, 2018, after adjusting for goodwill and deferred taxes, the Company has assets more than total debt of approximately $54,000,000. Enterprise will continue to look for and secure opportunities that improve its financial position and opportunities that will allow the Company to diversify and expand.”


Management owns 21 percent of the outstanding shares.


StarChain


While maximizing revenues and reducing costs is often espoused by the management of most companies, Enterprise has developed StarChain technology, proprietary software, and attendant hardware. Modules will be attached to each piece of rental equipment.


Simply put, Star technology enables its customers to automate and schedule the utilization of the equipment which delivering several benefits that include reduced fuel expenses, lowering onsite maintenance costs and real-time reporting. Several features will be available to the customer in Q3, Q4 2018.


The Company has a history of developing solutions for its customer and has fifteen plus patents in its IP portfolio.


One of the initial cost savings is several thousand dollars a month the technology gains by rendering individual GPS.


ther benefits are utilizing the SaaS tech as a base platform for future applications, improves margins and of course maximizes revenues.


Not to mention the incredible competitive advantage afforded Enterprise as it has no plans to sell or license StarChain at this juncture. There appears to be no competitive software.


So, What Now?


As business continues to build, Enterprise has been able to raise its pricing in line with demand. One of the first things it did when the sector imploded was to reduce costs to remain competitive. It also became a resource to customers and prospects to ensure not just its viability but that of its customers. That practice has served the Company well as the business builds.


Enterprise also recently sold its infrastructure subsidiary Calgary Tunneling (CTHA), to focus on the industrial rental business that brings its subsidiaries’ strength to the fore and provides a stable base for growth. The last four years meet as the culmination of two cycles. First, it heralds that the Company is ready and capable of exceptional growth as it enters this new phase with a clean balance sheet. Second, it proves that the planning, execution as well as pain and suffering since June 2014 has been constructive.


There are many acquisition targets currently being evaluated by the Company. Each will be acquired with not only growth in mind but immediately accretive and strongly complement its existing subsidiaries.


YTD 2018 Enterprise Group (E: TSX)



Disclaimer: Nothing in this article should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is not an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this article is not provided to any individual with a view toward their individual circumstances. Individuals are strongly encouraged to not use this article as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

!