Vantage Drilling Company (AMEX:VTG)

UltraContrarian (96.61) Submitted: 10/25/2009 11:14:36 PM : Start Price: $1.74 VTG Score: -65.82

Look at the price to tangible book of some drillers & oil services companies:

Schlumberger (SLB) 6.4
National Oilwell Varco (NOV) 5.0
Transocean (RIG) 2.7
ENSCO (ESV) 1.5
Unit Corp (UNT) 1.2
Parker Drilling (PKD) 1.2
Precision Drilling (PDS) 1.1
Rowan Drilling (RDC) 1.0 (my favorite)
Bronco Drilling (BRNC) 0.6 (debt/distressed)

Vantage (VTG) 0.4 (!!!!!)

There is barely any earnings history to speak of, so that is the extent of my analysis.

MikeBobulinski (< 20) Submitted: 10/7/2009 4:28:42 PM : Start Price: $1.80 VTG Score: -42.31

Speculative play on my part. This was a TMF pick from last week. It is sitting right in the middle of its 52 week range, so it has equal potential. Regardless, oil and the industry that works with it will see increased revenues when the economy starts booming again. As a holding company, they are not restricted to simply playing the oil game, so they have the potential (although nothing indicates that they will) to move into other energy related areas.

bluecollarbroker (97.67) Submitted: 7/8/2009 2:41:07 PM : Start Price: $1.69 VTG Score: -63.49

Small New build fleet coming online in the next few years...already have large, longterm deals with Petro and others. Managing rigs as well. Solid mgt. team for what I consider a new co ( co's ipo'd within last 5 yrs.) This could turn out to be a real cash cow. Deep water global driller before it takes off.

Two years from now...this stock will be much higher.

dais135 (< 20) Submitted: 6/12/2009 4:50:27 PM : Start Price: $2.08 VTG Score: -71.39

great speculative play....it may take some time to break out but i think it has great players to make this a successful company....board of directors, TMT, and management.

IT5123 (< 20) Submitted: 8/4/2008 2:25:20 AM : Start Price: $7.19 VTG Score: +87.66

Appears to be a holding company without any holdings. No notable income. Looks to be more like an excuse to pay someone a six figure salary while they "look" for acquisitions. I say nay.

venny (< 20) Submitted: 5/29/2008 12:59:04 PM : Start Price: $8.40 VTG Score: -79.89

The company awaiting results of a restructuring to change from Delaware to the Cayman Islands. Also will increse capitalization when this change approved. It has purchased one drill ship with the option for a 2nd.

If all clicks the company will soar.

Dapperatom (< 20) Submitted: 5/1/2008 4:27:54 PM : Start Price: $8.13 VTG Score: -78.92

I like the below $10 price and its potential for a good return.