| DON'T BUY | 0.150 | Ryan Irvine | Seismic service company. Trading at its tax loss value indicating management has continued to produce losses over time. In the boom times of 2005/2006 it wasn't able to achieve the margins of its peers. Would prefer a company like Divestco (DVT-T) or Destiny Resource Services (DSC-T). | 2008-06-04 | |
| WEAK BUY | 0.155 | Benj Gallander | Still owns it. Have bought more in the past year. Still likes it. Short term, they may close some of there foreign offices. It would be a long term play, short term there is nothing to get excited about.
At 16 cents it's a bargain. Target price is near 70 cents. | 2007-10-18 | |
| Comment | 0.190 | Benj Gallander | Having difficulties. Basically a break even, lose a little money proposition. Have a contract in Libya now. But may have to close the Libya and London offices which will cost them money and limit their future possibilities. | 2007-09-21 | |
| Comment | 0.395 | Benj Gallander | The seismic field was having a lot of problems even though oil/gas companies were doing very well. This is a small player with about $20 million of revenues. Larger companies are able to hire workers for more money. Hopeful that someone will take them out. | 2007-04-19 | |
| HOLD | 0.240 | Benj Gallander | Very small player. Have about $20 million in revenues. Having trouble attracting people. Moved into Libya and hired 2 university graduates for engineers! Have to make more deals to improve the bottom line. | 2006-10-06 | |
| PAST TOP PICK | 0.315 | Ben Stadelmann | (A Top Pick Jan 30/06. Down 36%.) Oil service industry. Didn't make money even during the boom. May be too small. | 2006-09-14 | |
| TOP PICK | 0.500 | Ben Stadelmann | In the seismic data processing field which is a fabulous sector. On this stock, they have been so wrong for so long it has been embarrassing. They have relatively new management which feels they have some good opportunities this winter. He wants to give them the benefit of the doubt. | 2006-01-30 | |
| TOP PICK | 0.420 | Benj Gallander | They are in a good field, but have not moved up with the oil and gas sector. Losing some money. Good management. | 2004-07-16 | |
| BUY | 0.450 | Benj Gallander | Good products | 2004-06-15 | |
| BUY | 0.480 | Benj Gallander | Felt the company had a lot of promise, but it didn't move with other oils and gas so have lost some of their faith. | 2004-04-19 | |
| VAGUE | 0.590 | Lou Schizas | The five-year average operating margin is a minus 4%. | 2003-11-28 | |
| PAST TOP PICK | 0.670 | Benj Gallander | (A Top pick on April 24/03. Up 22%.) Still likes it. | 2003-11-13 | |
| WEAK BUY | 0.610 | Ben Stadelmann | Seems to have just moved sideways. First-quarter was very poor. Second quarter was better. Expecting the last six months will be good. | 2003-10-23 | |
| BUY | 0.560 | Benj Gallander | Had a bad quarter 2 quarters ago. Has opened some US offices that creates some potential. Seismic demand is down at this point. | 2003-09-02 | |
| PAST TOP PICK | 0.520 | Benj Gallander | (Was a top pick on Apr 24/03. Down 2%.) Still likes. Recently had a bad quarter. Moving more and more into the states which is good. Good management. | 2003-06-30 | |
| WEAK BUY | 0.510 | Benj Gallander | Lost money in the last quarter. Seismic industry has been hit. Excellent potential. | 2003-05-30 | |
| TOP PICK | 0.530 | Benj Gallander | Their bottom line has improved by about 42% last year. Profitable. Moving activity into US. | 2003-04-24 | |
| PAST TOP PICK | 0.550 | Ben Stadelmann | (Was a top pick on Aug 27. Up 17%) Still a buy. | 2003-01-21 | |
| PAST TOP PICK | 0.460 | Ben Stadelmann | (Was a top pick on Aug 27. Down 6.4%) Still likes. Excellant price. | 2002-10-21 | |
| TOP PICK | 0.470 | Ben Stadelmann | Cash flow is improving. | 2002-08-27 | |
| BUY | 0.450 | Benj Gallander | Likes management. Expanding into the US. | 2002-07-18 | |
| WEAK BUY | 0.580 | Benj Gallander | Likes management/balance sheet. Revenues are up. | 2002-06-25 | |
| BUY | 0.670 | Benj Gallander | Earnings and sales are going up. Good back log. | 2002-05-23 | |
| TOP PICK | 0.450 | Benj Gallander | May start to move because of oil price increases. | 2002-04-11 | |
Experts that have talked about Kelman Technologies