Entrec Corporation: Short-Term Problems Are Hiding A Long-Term Opportunity
Monolith Investments • Wed, Aug. 6
- Entrec is well-positioned to take advantage of the massive investment boom in Alberta's oil sands and British Columbia's proposed LNG Projects.
- Recent slowdown in activity is due to temporary engineering delays and not a reflection of the long-term macro outlook for the region (as evidenced by the current record construction backlog).
- With a double-digit free cash flow yield and an experienced management team that owns a significant equity stake, Entrec appears to be an attractive risk/reward proposition at its current valuation.