The Company is a provider of international and domestic contract drilling services. It also owns and operates a manufacturing division that produces equipment for the drilling, mining and timber industries.
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"When trade times are measured in microseconds, but business value is generated over years, there's a very real potential for a huge gap to open between a stock's price and a company's value. It's by looking for and exploiting those gaps -- and then waiting for the short-sighted computers to catch up with the long term reality -- that you have an edge over today's high tech traders.
One straightforward way to find such opportunities is to look for profitable companies that the market has discarded as being worth more dead than alive..."
(Excerpt from a draft CAPScall article with estimated publication date of 29-DEC-2011)