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Bobwins

12/28/07 12:32 AM

#1654 RE: grp316 #1653

grp316.... eng is a different animal than cxpo or poe, which are drillers and producers of oil and gas. eng is a high p/e ratio at around 20 times forward eps. They are a service company with pretty low margins.

POE.v is a high growth driller with explosive growth in production, revs and eps coming but not here yet. But their production has grown from 700 boepd in spring 07 to a current level around 6,000bpd and growing. ENG isn't going to grow revs that fast and is already being valued as a high grower.

CXPO.ob is a value story. Extremely low forward p/e of 6. As it moves towards a more normal ratio of 10, the share price should move into the 20's. CXPO.ob has not shown it can grow production and revs yet. If Q4 shows good growth, then the target price could move above the 20's.

As you will find out, there are few 100baggers and chasing 100 baggers isn't the recommended way to get rich. Ask whoever posted that to tell you why they think it will be a 100 bagger. They may be right but I doubt it.

Not being familiar with ENG, I did a quick review of their latest report but can't find what will drive it to $1100/share. Bobwins