Heckmann (HEK +2.7%) shares spike at the open on takeover speculation. Analysts say Heckmann,...


Heckmann (HEK +2.7%) shares spike at the open on takeover speculation. Analysts say Heckmann, which supplies workers and equipment to handle the chemical-tainted water that is a byproduct of fracking, may attract interest from Halliburton, Schlumberger or other oilfield services suppliers, but CEO Richard Heckmann says the company is not for sale.

Comments (16)
  • GambitX
    , contributor
    Comments (28) | Send Message
     
    Way to NOT mention the other company in the article. Canada bias much??? Poseidon people, 11.17/share, .09/share MONTHLY dividend.
    13 Dec 2011, 10:06 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (4709) | Send Message
     
    I can't find the ticker for the stock you are mentioning, if this is true I missed the boat as I was planning to invest in this company at a lower cost level, flying high right now.
    16 Dec 2011, 08:49 AM Reply Like
  • GambitX
    , contributor
    Comments (28) | Send Message
     
    T.PSN
    16 Dec 2011, 10:23 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (4709) | Send Message
     
    Am I reading it wrong or is the PE at 300x earnings? Be careful with this one.
    20 Dec 2011, 01:33 PM Reply Like
  • GambitX
    , contributor
    Comments (28) | Send Message
     
    Uhhh, no. Expected earning for this fiscal year is $130 million. Trading at 8x earnings.
    20 Dec 2011, 01:46 PM Reply Like
  • Matthew Davis
    , contributor
    Comments (4709) | Send Message
     
    Uhhhhh...google finance, cnbc shows PE 307...which PE are they quoting?
    20 Dec 2011, 02:00 PM Reply Like
  • GambitX
    , contributor
    Comments (28) | Send Message
     
    No clue, maybe they're all screwed up because of the split??? Check it out on the TSX and take a look at their new website. The market cap is right now $892 million. With yearly earning this year at $130 million and continued growth, and an amazing dividend, how can you go wrong?
    20 Dec 2011, 02:27 PM Reply Like
  • Matthew Davis
    , contributor
    Comments (4709) | Send Message
     
    Here is why I am waiting.

     

    And its up at its 52 week high, I think its going to crash the next round of bad news out of Europe.

     

    http://bit.ly/s9zldi-
    20 Dec 2011, 02:39 PM Reply Like
  • GambitX
    , contributor
    Comments (28) | Send Message
     
    Poseidon won't be affected by Europe at all. When things go bad people flock to dividend companies. I'm not talking about Heckman, right? The revenues won't be affected because natural gas companies will continue working and needing Poseidon's storage tanks.
    20 Dec 2011, 02:57 PM Reply Like
  • Matthew Davis
    , contributor
    Comments (4709) | Send Message
     
    I can't even find this Poseiden you keep talking about. You are probably just a penny stock pumper.
    21 Dec 2011, 08:26 AM Reply Like
  • GambitX
    , contributor
    Comments (28) | Send Message
     
    Poseidon Concepts. It's in the bloody article, read the article! The Toronto Stock Exchange. Ticker: PSN

     

    Wow, read the article that we're commenting on!
    21 Dec 2011, 08:47 AM Reply Like
  • Redleg44
    , contributor
    Comments (11) | Send Message
     
    It's not mentioned in the article I read and am commenting on. Try ticker POOSF.PK.
    23 Dec 2011, 09:27 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (4709) | Send Message
     
    Yeah, I thought we were not meeting in the middle somwhere, I am not really interested in pinks.
    23 Dec 2011, 09:38 AM Reply Like
  • GambitX
    , contributor
    Comments (28) | Send Message
     
    It's not a pink, it's a pink in the USA only. It's on the Toronto senior exchange.

     

    And for goodness sakes Poseidon is mentioned in the first paragraph of the linked article in the comment.

     

    "The need to reduce the environmental risk from shale-oil drilling is boosting the allure of Heckmann Corp. (HEK) and Poseidon Concepts Corp. as takeover targets"
    23 Dec 2011, 09:57 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (4709) | Send Message
     
    I understand, but I am not interested in non-US stock either! haha, sorry man I just am not interested in POS. Neither HEK at these levels, HEK is a $1-2 stock at best with a .02 cent EPS.
    23 Dec 2011, 10:00 AM Reply Like
  • coolsoupy
    , contributor
    Comments (239) | Send Message
     
    Give it up GambitX - You just can't help some people.
    Dick Heckman is a winner. He built US Filter corp out of nothing at sold it to Vivende in France for billions.
    Also; I like the Toronto exchanges accounting practices better than the USA.
    16 Jan 2012, 04:00 PM Reply Like
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