MCE matrix composites & engineering limited
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Ann: Company Update, page-4

  1. bcc_100
    1,301 Posts.
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    05/07/19
    12:18
    Post #: 39389540
    Baker Hughes, Schlumberger etc are all reporting increasing activity. These guys are so damn levered to E&P capex that the tide doesn't need to turn into a tsunami for the SP to do very well.

    The ex-NA offshore rig count for June had a 26% increase v pcp. Hopefully that sustains.
    Last edited by bcc_100: 05/07/19
    MCE Price at posting: 40.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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