As we move into March and near the close of Q1, any word on which two BU's will be sold off to make up the 500M that was put out there on the Q4 conference call? It was said they would get it done in Q1 so folk have to know by now which ones it will be.
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How long will WFT drag out the sale, identified it in Q4' 17 and in the Q4 summary at the start of this year. Mentioned it again at the Q1 summary and just this week at USB in San Antonio.
get on with it, maybe you will get some sort of kick on the stock for doing the right thing and I can get out of this position
We’re exploring an employee purchase of out business unit
do you ask about Bakersfield on every post?
What will happen to Bakersfield
ALS would be the smart sell, but then again has WFT ever made smart decisions.
Rumor has it that it will be all or part of their ALS group.
It makes money or it can make money and may be one of the few groups that are of value to others. With just about everyone jumping into Pumping Units, Automation, Gas Lift and such it is a commodity play that needs logistics and good supply to be profitable - with limited cash flow, poor vendor relations and trouble moving anything it would make sense to cut it and get what they can now before the margins drop further
Drilling’s services maybe?
I really hope it is mine! It would be a great opportunity to get out from under this Behemoth!