re: it's a sleeper
I DISAGREE WITH YOU. THE REASON IS B/C THEY MOST CURRENT BALANCE SHEET SHOWS VERY HEALTH CASH FLOW AND NO DEBT WHATSOEVER. WHEN THE THREE NEW RIG OPERATING IN SECOND HALF, MORE REVENUE WILL BEE GENERATE.
IN THE 5 MONTHS FROM JUNE 2004 OF ADMINISTRATION, BDL STILL GENERATE MORE THAN 10 MIL REVENUE WITH PROFITS. NOW SOUTH AFRICA HAS GONE, THE REMAINING ACTIVITIES GOING TO BE PROFITABLE.
NEW CONTRACT COMING WITH BACK UP FROM MIZUHO, THEN BDL WILL GROWTH.
GOOD LUCK TO ALL.
JOHN.
BDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
