Helix Energy Solutions Group, Inc. (HLX)

[doubleaa]

Amigo,
You saw my resume, my sorry ass has been way green for a long time, just thought you might like the ride at $2,75, This old man needs sum minnow bait for Toledo Bend and the 4th of July party "o)
AA

[jugs]

Are you in or isn't you? Iffen you ain't, then why don't you get you sorry ass in gear and take a chance wid me?

You of all peoples knows this pick (of yours, no less) is going to knock out socks off.

Don' be walkin' around widout socks, amigo. Get youself a position an' enjoy the ride!

[doubleaa]

My goodness , what a nice stock, seems to run around with MDR ????

[Trueheart]

$5.31 close March 7.

Trueheart

[jugs]

Well, HLX is up strongly today.

Too bad I'm the only one positioned to profit from it.

If there are others out there following this one, I sure wish/hope that you share your insights and/or experiences with me/us.

It is such a shame that so few are willing to take a chance on something that may involve a bit of risk. Considering book value, this one is a no-brainer.

[jugs]

Just added 200 shares of HLX. Now at 400 shares with a cost basis of $4.73. Am underwater a few bucks.

The trader part of me is drooling over the spread of today's action. It tells me there's money to be made by swing trading but I'll need more shares to make it worth my while. So I'm adding.

MDR is another company in the same sort of space and, at just under $4, presents a cheaper opportunity for some investors. I would think this enters into the volume side of HLX's trading, at least for the moment. As MDR continues its upside bent and the price difference dissolves, I think we'll see Helix move more strongly and lastingly to the upside.

[jugs]

Helix Energy Solutions, Inc. offers a fascinating tour of their business model along with ample photos of critical equipment as well as projections for this year and even beyond. I would strongly suggest interested investors take a walk through the beautifully constructed offering. I did it, myself, this morning. I have greater respect for the company as a result.

[jugs]

HLX appears to be on the move today. With just under two hours into the trading day---and, mind you, this is a Friday that typically reconciles dramatic price swings occurring earlier in the week--- we can see that HLX is showing +33 cents resulting in a $5.05 share price. This has me ahead slightly over yesterday's initial buy of 200 shares at $4.78 (rounding upwards).

This is where I begin to wish I'd gone for more shares at the start altghough I was conservative for good reason: There's much to learn about any stock new to our ownership program. Buying a large upfront position guarantees nervous responses. This runs counter to my buy of yesterday which was essentially aiming to give me time to accumulate information while looking for ways to uncouple cash from possibly less desirable picks currently held.

This produces a churning effect wherein the imperative is that of reducing or eliminmating positions deemed less promising in order to increase dry powder for additional HLX purchases. Painful as it may be, the fact is that we should never forget that a sound investment program invites inquiry into earlier buys. So it is, then, that I will not hesitate selling some or all of a position in another non-income producer if I believe HLX is destined to outperform that other pick.

On occasion, a change of allocation will result from the greater desireability of a sector entering into a more positive modality. Witness energy---now on the upswing and nearly all of my picks are moving up in dynamic fashion. This is clearly a sector change we're experiencing. And inasmuch as I'm not currently invested in E&P's, my gains are coming almost entirely from the oil services area.

HLX, MDR, SDLP, NGL, ALDW----these are some of my more prominent picks.

[jugs]

This board has obviously not been active for the past four months, at least. As energy stocks have suffered, so has it been with the energy services area. A long-time energy buff, it is time for me to revisit some of the plundered offerings.

This morning I started a position in HLX on the say-so of a trusted board friend. On all boards in which I'm active, I post the depth of my positions as well as cost basis. This is to help others who may be new to an offering.

At this moment I hold 200 shares of HLX with a cost basis of $4.775. Normally I start positions with a greater number of shares but I need to learn more about this company before sticking my neck out. Extremely important to me as well is the nature of its trading history. You can be sure I'll be examining fluctuations in daily trading as volumetrics loom large in my investing style.

I'll also be studying charts, especially in light of where some of my other energy-related plays move. This is to better understand developing patterns in trading as they correlate to the broader energy sector. Synchrony can tell us a lot about a stock that may or may not have much in common with others in the same arena. In this particular instance, I'll be watching to see how MDR and HLX match up, as both are in the services area yet each is somewhat unique unto itself.

It is too early for me to recommend this pick as I've got much to learn about it, myself. However, should any of my board friends see fit to join me in this ride, I hope you will do so prudently, building your positions cautiously. You can be sure of this much:

I always disclose my buy and sell points in advance of or simultaneously with my trading actions. I'm a retail investor, same as most here, and, as such, I hardly move markets. However, I sometimes indulge in thinly traded stock picks and even a 10,000 share trade will sometimes attracts attention. Couple this with a handful of my IHUB "followers" and you can see how a company's market can be influenced, even if just momentarily.

Looking forward to a pleasantly profitable association with friends new and old (but you won't be older than I am!), I am

Jugs

[stocktrademan]

$HLX recent news/filings

bearish 6.11

## source: finance.yahoo.com

Thu, 05 Nov 2015 17:04:21 GMT ~ Helix Energy Solutions Group, Inc. Earnings Q3, 2015


read full: http://www.capitalcube.com/blog/index.php/helix-energy-solutions-group-inc-earnings-q3-2015/
*********************************************************

Sat, 31 Oct 2015 13:00:00 GMT ~ Oil Market Downturn Batters Oceaneering International Earnings


read full: http://www.fool.com/investing/general/2015/10/31/oil-market-downturn-batters-oceaneering-internatio.aspx?source=eogyholnk0000001&utm_source=yahoo&utm_medium=feed&utm_campaign=article
*********************************************************

Thu, 29 Oct 2015 17:21:49 GMT ~ Helix Energy Solutions Group, Inc. – Value Analysis (NYSE:HLX) : October 29, 2015


read full: http://www.capitalcube.com/blog/index.php/helix-energy-solutions-group-inc-value-analysis-nysehlx-october-29-2015/
*********************************************************

Tue, 27 Oct 2015 22:17:05 GMT ~ Q5000 Enters Service

[at noodls] - HOUSTON--(BUSINESS WIRE)--Oct. 27, 2015-- Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that the Q5000 entered service last week and is currently on hire for a client in the Gulf of Mexico. ...

read full: http://www.noodls.com/view/08C47BEB3A1F8D14285DCDA3C0C6E4F049A9BDAF
*********************************************************

Tue, 27 Oct 2015 22:05:00 GMT ~ Q5000 Enters Service

[Business Wire] - Helix Energy Solutions Group, Inc. announced today that the Q5000 entered service last week and is currently on hire for a client in the Gulf of Mexico.

read full: http://finance.yahoo.com/news/q5000-enters-220500028.html
*********************************************************

$HLX charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$HLX company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/HLX/company-info
Ticker: $HLX
OTC Market Place: Not Available
CIK code: 0000866829
Company name: Helix Energy Solutions Group, Inc.
Incorporated In: MN, USA

$HLX share structure

## source: otcmarkets.com

Market Value: $668,663,163 a/o Nov 16, 2015
Shares Outstanding: 106,137,010 a/o Oct 16, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value

$HLX extra dd links

Company name: Helix Energy Solutions Group, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/HLX/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/HLX/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=HLX+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=HLX+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=HLX+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/HLX/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/HLX/news - http://finance.yahoo.com/q/h?s=HLX+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/HLX/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/HLX/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/HLX/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/HLX/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/HLX/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/HLX/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/HLX/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/HLX/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=HLX+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/HLX
DTCC (dtcc.com): http://search2.dtcc.com/?q=Helix+Energy+Solutions+Group%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Helix+Energy+Solutions+Group%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Helix+Energy+Solutions+Group%2C+Inc.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/HLX/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/HLX
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/HLX/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/HLX/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/HLX/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000866829&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/HLX/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/HLX/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/HLX/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/HLX/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=HLX&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=HLX
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/HLX/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=HLX+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=HLX+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=HLX
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=HLX
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=HLX+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/HLX/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=HLX+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/HLX.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=HLX
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/HLX/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/HLX/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/HLX/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/HLX/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/HLX
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/HLX
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/HLX:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=HLX
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=HLX



$HLX DD Notes ~ http://www.ddnotesmaker.com/HLX

[lecorb]

HLX, price target was cut by Liberia Capital from $15.00 to $13.00, Outperform rating.

Johnson Rice from $11.00 to 10.00

HLX, price target was raised by Sun Trust to $8.00, buy rating

10/21/2015

[lecorb]

The chart favors to HLX,new PO:$12.00

http://stockcharts.com/freecharts/gallery.html?s=HLX

[VMB-1]

This Didn't Move an Inch in the AH/PM Sessions.

Was this Tradable During?

[crudeoil24]

HEADING BACK TO 52-WEEK HIGH OF $27.70

[lecorb]

7:00 pm ET
Helix Energy Solutions 3Q EPS 9c >HLX

Dow Jones
7:00 pm ET
Helix Energy Solutions 3Q Net $9.88M >HLX

Dow Jones
7:00 pm ET
Helix Energy Solutions 3Q Rev $182.5M >HLX

Dow Jones

[VMB-1]

Earnings Out. $51.5M from $35.7M Last Q

[lecorb]

HLX may end up as PQ $1.00/$1.50

[Timothy Smith]

May already be priced in. But I don't expect it to be positive.

[lecorb]

Earnigs After Hour. Maybe, bad news Q3, Big drop after earnigs? ;)

[Timothy Smith]

Helix Energy Solutions Group (NYSE:HLX): Q2 EPS of -$0.03 misses by $0.18.

Revenue of $166.01M (-45.7% Y/Y) misses by $27.71M.

[Penny Roger$]

~ Wednesday! $HLX ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $HLX ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=HLX&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=HLX&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=HLX
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=HLX#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=HLX+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=HLX
Finviz: http://finviz.com/quote.ashx?t=HLX
~ BusyStock: http://busystock.com/i.php?s=HLX&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=HLX >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[maybe_this_time]

Certainly messed here... Strategies can't work if you don't follow them. If I left my stop at 1% below yesterday's close I'd still be in this today. But a gain is a gain.

[doughboy2]

OMG - that other one -forget it.

Don't know why people just can't except it for what it is.

Oh well.

BOLTY

[maybe_this_time]

Yes I couldn't resist trading this one, lol... This one isn't full of wind though!

[doughboy2]

You're a fan of the Helix's.

LOL

[maybe_this_time]

Stopped out today. Will take my little profit and mosey along.

[maybe_this_time]

Today's action is proving to be pretty nice. Raised my stop to 13.25 to preserve part of the gain...

[maybe_this_time]

Well today's play brings me here. Stop out at 12.15.

[dragon52]

Time to buy in...

Charts above show it....

[dannie30]

on my watchlist

[PremierStocks]

Cant miss your IBOX bro

another that came up on scan

[frenchee]

The little engine that could--http://seekingalpha.com/article/95301-helix-energy-solutions-group-the-little-engine-that-could?source=d_email

[frenchee]

HLX went on a short-term buy signal with Fridays close...

[Dinvest]

Me too - its hard to choose what stocks to play, but this one has a nice chart and seems to be heading in the right direction!

[alien42]

nope, i had just added HLX to a watch list

other stocks took priority since but am still keeping an eye on it.

[Dinvest]

Are you still playing this one?

[frenchee]

That's a good sign.

Welcome to the board...

[alien42]

CEO just bought 115k shares worth almost $4m in the open market.

[frenchee]

Valuations and Ratios

P/E Ratio:(without extraordinary items) 8.81
P/E Ratio High (for last five years) 54.49

P/E Ratio:(with extraordinary items) 8.81
P/E Ratio Low (for last five years) 8.74

P/E Ratio vs. Industry: 51.46%

[frenchee]

Helix Energy Solutions Prices $550 Million of 9.5% Senior Unsecured Notes Due 2016


HOUSTON--(BUSINESS WIRE)--December 19, 2007-- Helix Energy Solutions (NYSE:HLX) announced today that it has priced a private offering of $550 million aggregate principal amount of 9.5% Senior Unsecured Notes due 2016. The transaction was upsized from the previously announced offering size of $500 million. Interest on the notes is payable January 15 and July 15 of each year, beginning July 15, 2008. Certain of the Company's domestic subsidiaries will fully and unconditionally guarantee the notes.

The Company intends to use the net proceeds of the proposed offering to repay outstanding indebtedness under its senior secured credit facilities.

The notes will not initially be registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of the Securities Act. The notes may be resold by the initial purchasers pursuant to Rule 144A under the Securities Act and to persons outside the United States pursuant to Regulation S.

Martin Ferron, Helix's President and Chief Executive Officer, stated, "This financing, and the related amendment to our existing Senior Credit Facilities which we will enter into in conjunction with this financing, provide Helix with significant flexibility to pursue the strategic business initiatives that we believe will be key to continued growth, and will allow us to further enhance shareholder value. The ability to complete this offering in a challenging credit market highlights the strength of our business model."

[frenchee]

Valuation cheap on both relative and absolute basis...

P/E Ratio: (without extraordinary items) 10.44

P/E Ratio High (for last five years) 54.49

P/E Ratio: (with extraordinary items) 10.44

P/E Ratio Low (for last five years) 8.74

P/E Ratio vs. Industry: 58.88%

[frenchee]

A Double-Barreled Energy Stock
By NAUREEN S. MALIK

HELIX ENERGY SOLUTIONS GROUP'S ambitious double-stranded approach to playing the robust energy sector has left many investors a bit antsy over its business model.

However, the big push by the provider of offshore contracting services into a second business of developing deepwater oil reserves could start to yield some gushing returns next year.

Helix shares tumbled to a one-year low early this year on continued concern over last year's $1.4 billion acquisition of Remington Oil & Gas for its deepwater oil properties in the Gulf of Mexico. Management's initial robust expectations gave way to downward revisions in guidance due to production cuts.

Exploration-and-production now makes up 40% of Helix's business with the remaining 60% coming from its service business, including seismic modeling and leasing its pipe-laying vessels. Helix locks in contracts for about 50% of its production, allowing it to play commodity prices.

The stock has already started to rebound in recent months, gaining more than 60% since January, amid rallying commodity prices, strong demand for energy services and news of oil discoveries in the Remington assets.

These factors should continue to drive stock returns in the near term.

In the fourth quarter, Helix will also be receiving delivery of a marine vessel that has been upgraded with the ability to lay pipes underwater. That will allow the company to contract the ships at higher prices. Helix expects to acquire three additional new vessels next year.

Late next year, Helix's free cash flow is expected to hit an inflection point and become positive once these vessels and three new projects in the Gulf of Mexico come online.

Helix Chief Executive Officer Martin Ferron says that Helix has been "spending more money than our Ebitda [earnings before interest, taxes, depreciation and amortization] for the last couple of years due to the investment programs, and by the middle of 2008 we are expecting that to turn."

Once that happens, the company could step in to buy back stock or offer a dividend.

At a Glance
Helix Energy Solutions Group

Stock Price: $45.65
52-Wk High: $47.35
52-Wk Low: $27.89
Market Cap: $4.17 billion
Est. 2007 EPS: $3.12
2007 P/E: 14.7x
Est. Long-Term EPS Growth: * 25%
Est. ('07/'06) EPS Growth: 47%
Revenue (trailing 12 months): $1.58 billion
Dividend Yield: None
Chief Executive Officer: Martin R. Ferron
Headquarters: Houston, Texas

* Based on analyst estimates looking ahead three to five years.
Sources: Yahoo! Finance, Thomson First Call, Thomson Financial/BaselineStill, there is further 20%-30% upside in the stock over the next 12 to 18 months. Helix is trading at a discount to its peers in both industries and should outperform next year as it starts to reap investment returns and as investors appreciate its business strategy, says Ahovi G. Kponou, a vice president at Para Advisors, a special situations/event-driven hedge fund.

Helix is trading 9.9 times the 2008 consensus earnings estimate while service and E&P peers are going at price-to-earnings multiples in the mid-to-high teens, notes Kponou.

Helix's valuation is "being unfairly penalized because investors usually prefer pure plays" and they are discounting the competitive advantage of Helix's two-sided strategy, says Kponou.

The tight services market is "the biggest catalyst" for the stock, along with its $1.8 billion backlog, says Kponou. In this environment, having an in-house service business means Helix can monetize its growing E&P business "much faster than a regular E&P company" that faces greater costs and longer waiting periods for third-party contracts.

CEO Ferron views E&P as a critical component "to achieve steady growth" of 25% a year. This diversification should stabilize earnings when the services business eventually softens. Outside firms contract 90% of Helix's services. "We could easily do 30% internal work" during cyclical downturns, adds Ferron.

The service segment has been a platform for international expansion, allowing Helix to "establish a good reputation" before buying reserves, says Ferron.

Helix has a contrarian approach to its business, operating in areas that are considered oil-and-gas relics abandoned by big oil, such as the Gulf of Mexico.

With oil at around $89 a barrel and natural gas at $7-$8 per British thermal units, Kponou says "all of a sudden these marginal reserves are quite profitable" and Helix can acquire them at reasonable prices.

The weak dollar has also made the Gulf of Mexico "less attractive" to Helix's mostly European competitors, thereby improving pricing power, notes CEO Ferron.

Stanford Group energy analyst Philip Dodge expects Helix to announce more lucrative contracts that expand its backlog during the third-quarter earnings report in two weeks.

After much skepticism over the Remington acquisition, Ferron says that now all 19 of the wells drilled have "found very encouraging initial success this year." In the second half of 2008, three fields -- Danny, Noonan and Phoenix -- should "roughly double the company's run rate on production," says Kponou.

Ferron says that as oil prices trade at record highs, the company will be shifting away from its operations of shallow water and natural gas to offering services and drilling for deepwater oil. "I think it's very early in the deepwater cycle" that could last decades globally, he adds.

This shift should expand margins from deepwater operations amid a "tremendous recovery" that will continue for a few years, says Dodge.

Meanwhile, Ferron views the Gulf of Mexico shallow water opportunities as "our ATM machine that pays for deepwater, which takes longer to put into production."

Helix's debt level -- with a 43% debt-to-capital ratio -- has raised concerns, but that is now being offset by strong cash flow, Dodge says.

The company could raise cash by liquidating noncore assets in partnerships or its 73% stake in Cal Dive International, the unit that provides diving support services that went public late last year, says Ferron.

Earnings per share are expected to grow from $2.91 in 2006 to $3.10 in 2007 and $4.60 in 2008, according to Thomson Financial data. That could jump to $5-$6 in 2009, says Stanford's Dodge.

He pegs Helix stock at five times enterprise value/Ebitda; it is selling below E&P firms (seven times) and service companies (9.5 times).

To be sure, a pullback in energy prices, a drop in demand for services or production glitches could take the steam out of Helix's growth story.

But the company has become more cautious about its guidance and is emerging from a heavy investment phase. These should help propel the shares higher over the next couple of years.