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Hey everyone, when does DDCC report financials next? Curious to see what's in them.
Who wants to take bets on how much profit DDCC will be taking on this $20M deal? I'm thinking they did this deal realizing that 5-10% profit. So that would mean my guess would be $1M - $2M PROFIT per month. any of you number crunchers have any different thoughts?
This is my opinion only.
I agree Profit, DDCC seems to be advancing all facets of the company. After the first deal is made the shares will start creeping up in value. From there it will be a domino effect and cascade into a company that will be very valuable. All my opinion of course.
MPA and revenue are two VERY different things.... Is the DDCC website down for anyone else?
Pilot program and projected revenue... just want to see them come to fruition. They will soon.
LETS HEAR ABOUT SOME REVENUES!!!! Surely out of all the deals "in the making" at least 1 has been signed by now?! 2016 will be great.
I agree with biglued1.... That is exactly how I see this company playing out. The Translock^2 is a game changer and will be the money maker.
Proposed 36 month contract.... I want to hear about SIGNED contracts...
Call me impatient, but I want to see some orders! All the hype sounds good. Time to put the money where the mouth is.
This answered a lot of questions. I hope their $20M projection comes true! DDCC share price would spike greatly as the revenue would tower our current market cap.
Combine this with what they have in the works with the Translock (what i think is this company's game changer) and we should EASILY see great returns with this company. I must say I am impressed with the team that Doublecrown has put together.
I'm wondering what modifications can be implemented? It looks like the transport container is pretty robust and would work for most everyone. Maybe it is in the intake/discharge piping and valving, not so much the storage design. It will be interesting to see. But this is definitely the shipping container of the future in my opinion.
Do you mean different designs for different products? I thought the design already allowed for that. As far as the oil industry is concerned.... you could ship barite, cement, and any other bulk material for the mud system with the translock^2. Maybe the design needs changing for agriculture or liquids? Will have to go back and look at the presentation again.
I am just trying to get a discussion going on where people think the future of this company is headed. I offered my idea and wanted to see what everyone else thought. I would assume that everyone who is invested into this company would have faith and hope that it does well. I was just trying to get some discussion about specifics. Don't really know about your lamps and feet and what not...
Have we taken guesses on who the actually shipment went out to? My guess is HAL. I bet once HAL (or whoever it is SLB, BHI, etc..) is satisfied with the product and the containers they will buyout DDCC in it's entirety. What does everyone else think? Looking for actual thoughts... not just blind faith.
@ $14 this would give DDCC a market cap of $6.8 Billion. Right now it has a market cap of $6.1 Million. Halliburton has a market cap of $33.7 Billion and Schlumberger has a market cap of $100 Billion for comparison.
Agreed Chiefs... Just trying to keep every one level headed. Getting the MPA signed is extremely positive but at the end of the day won't show up on the balance sheet or income statement. I own shares in DDCC and want nothing more than for it to succeed. The drilling industry is in the worst downturn since the 80's so getting a foot in the door now is great. But in my opinion, the big money to go after is leasing these aggregate containers. That will be steady income that analysts love to see.
I think it's good to keep in mind that an MPA does not guarantee future orders. It is a positive sign to be a preferred vendor, but if this is to a major oilfield service company, they probably have multiple MPA's for the same service DDCC provides. I'm excited to see where/how the $1M of Translock^2 containers are going to be implemented. I bet they will be leased (with or without DDCC product) for a day rate which is a good revenue stream.