Enteq has strong medium-term growth prospects given the recovery in its existing markets, growth in new geographic markets and the introduction of new products, we argue. The new products, especially the SABER Rotary Steerable System, look potentially game-changing – extending its addressable market and transforming the investment case. The company’s FY results highlight trading has stabilised with some recovery expected, with net cash equal to c51% of market cap. New management has rejuvenated ....
07 Jul 2021
Enteq Upstream - Initiation – SABER steering towards success
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Enteq Upstream - Initiation – SABER steering towards success
Enteq Technologies plc (NTQ:LON) | 9.0 0 0.0% | Mkt Cap: 6.45m
- Published:
07 Jul 2021 -
Author:
David Buxton -
Pages:
26
Enteq has strong medium-term growth prospects given the recovery in its existing markets, growth in new geographic markets and the introduction of new products, we argue. The new products, especially the SABER Rotary Steerable System, look potentially game-changing – extending its addressable market and transforming the investment case. The company’s FY results highlight trading has stabilised with some recovery expected, with net cash equal to c51% of market cap. New management has rejuvenated ....