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JoeSmith

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JoeSmith

Re: pooh47 post# 42478

Tuesday, 12/18/2007 10:32:31 PM

Tuesday, December 18, 2007 10:32:31 PM

Post# of 107353
That is a very good question. What about the Mako deal? What synergies does Mako bring to Deep Down? Very little discussion here today about Mako, most of the discussion was about the market and it's reaction before and after the news came out.

One thing, Mako will make DPDW a true hurricane play. That will be great next spring.

Maybe they will help with monthly cash flow with revenues from rentals and reservations coming in regularly each month. That sure would have helped the last quarter when DPDW purchased all those parts for equipment going out this quarter. Proteus valves , deepwater LARS pumps, cylinders, and spools and BS Latcher machining are not cheap.

I think there are several more positives from the Mako acquisition and I'm sure somebody will help me think of what they might be.




My posts are my opinions. Always dd to your own comfort level.


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