CDI Q2

CanElson Announces Strong Second Quarter Financial Results and Declares Second Quarter Dividend

SECOND QUARTER 2012 SUMMARY (COMPARED WITH A YEAR EARLIER)


•Services revenue $37.5 million, up 49% from $25.1 million

•Foreign segment (United States and Mexico) revenue grew by 62% to $26.0 million representing 69% of total revenue for the quarter

•EBITDA $10.0 million, up 53% from $6.6 million

•Income attributable to shareholders $3.9 million, up 43% from $2.7 million

•EPS (diluted) $0.05, up 25% from $0.04

•Weighted average diluted shares outstanding 75.2 million, up 6% from 71.3 million

Jossittelu Kaasua tölkissä:

CanGas is developing proprietary technology that could, if successful, employ portable, small-scale field facilities to condition raw stranded natural gas so that it would be suitable for consumption in diesel engines. We hope to profit both from the commercialization of this technology and from the additional opportunities that it would provide for our CNG engine conversion and transportation business.

CDI on ainakin viestintänsä perusteella hyvin johdettu yhtiö: vahvasti asiakaslähtöinen(uusi kalusto pyritään laadultaan ja määrältään räätälöimään asiakkaiden tarpeiden mukaan), kustannustietoinen ja kilpailukykyinen.

Oma positio on noin nollilla, valuutta- ja osinkovaikutukset huomioiden muutaman prosentin plussalla. Lisäystä harkitsen, mutta pitäisi saada vähän lisätietoa onko CanGas-tytäryhtiö elinkelpoinen.