Never posted on these boards before and try to only check them at the beginning and end of the week. Mostly because you guys will drive a person insane with all the back and forth on here. After reading most all the comments on these boards I decided to put my two cents in for what its worth. GLER caught my attention because of their partnership with HAWK and their first stated acquisition (Trump Equipment). I live in San Antonio, Tx. and am in this industry and have been since I was 19. I work in the Eagle Ford area now. I called a friend/customer of mine that deals with Trump Equipment on a regular basis. He did confirm that Trump has been sold. My friend has his own Mechanics on duty but still use Trump on a regular basis for rentals and repairs when needed. Per our conversation I gather the management team as well as the serv. techs are staying in tact. With three locations New Baunsfuls, San Antonio, and Victoria. They have the Eagle Ford and surrounding area's covered. These are real jobs with real people fixing and renting real stuff and making real money. The Eagle ford is not very hospitable to the equipment used down here. To give you guys a idea of what I mean. I am working with another guy on an estimate to repair up to 85 under carriages and Aluminum hand rails on water trucks (Wish me luck). As far as Swing Machinery goes they also have a brick and mortar location over by the airport off of 281. No they don't make money hand over fist but, they are profitable. What they do do while still making their standard margins too their existing and future customer base is give Trump Equipment the ability to eliminate the middle man from their service departments product needs. Now Trump can buy those product at a reduced rate while also selling too their existing MSA (Master Service Agreement) Company's. MSA's are not easy to come by and are worth their weight in gold alone! While Swing Machinery may receive smaller margin from a big new parent customer like HAWK it allows HAWK to bring down their over all overhead shop costs A LOT. Just in case most of you guys don't bust your knuckles for a living I can assure you they use ALL of this stuff every day. The next thing everybody needs to look for is if Trump Equipment is looking to open a new location in San Angelo, Tx. in the Cline Shale. Reports are there is 7x the reserves in the Cline than is in the Eagle Ford. San Angelo, is the biggest closest city to that play. And Estimates are next year is when things will really start to pick up in the Cline Shale from what I am hearing from guys in the Field. And that's big business for rentals and repairs. Rental customers are also required to pic up costs for damages to units while in customers care. Another friend of mine while working for one of the big drillers is also in partnership with a service provider Co. and guy's they own NO equipment. They rent all their equipment and then re rent it. And he IS making money hand over fist....Now I don't know anything about the other acquisitions that HAWK has planned but these two make perfect since to me because over time it will help reduce overall costs. We all know opinions are like a** holes but, this is mine. This theory works great if it all plays out like (STERVC) suggests it may. If the deal falls threw with GLER and HAWK then we're all screwed anyway. If anybody can elaborate further on this I would greatly appreciate it and If anybody has something else they would like me to try and find out just ask. I will see what I can do to help us all. I"M ALL IN and prepared for the consequence's if it all goes to hell....
