#Cannabis #Stock Update:
Lets Toke Business - Week of April 13th
Enterprise Group
(TSX: $E.TO) Named Lead Sponsor for Let's Toke Business: The Commerce of
Cannabis
 |
| by Ted Ohashi MBA, CFA |
April 16, 2018 (Investorideas.com Newswire) Experienced
investors will note the potential of Industrial equipment rental leader
Enterprise Group, not the least of which is that its book value has risen to
$1.01 a share and is trading at 44 cents. This growth is just the latest in a
successful strategy taken by Enterprise management after weathering the 2014-15
resource downturn. If anything, the company is leaner and stronger now; the
result of the recent sale of subsidiary sale of CT Underground for $20.6
million.
"With
the components developed, we began process mapping our existing business
operations. As a result, we were able to considerably reduce our administrative
costs by automating many of the human elements," stated Des O'Kell SVP of
Enterprise Group. "Furthermore, with its implementation, the cost benefits
that emerged from asset tracking are substantial."
Throughout
2017, Enterprise has experienced a meaningful increase in activity from its
existing customers coupled with a substantial surge in new customers, which has
resulted in increased market share for its four business units. Management's
efforts to streamline and maximize efficiencies have translated into improved
margins, positive cash-flow quarter after quarter and a strong return to
profitability.
Enterprise Group Named Lead Sponsor
for Let's Toke Business: The Commerce of Cannabis.
Week Ended April 13th, 2018
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Read: Complete Report
Read this news in
full at http://www.investorideas.com/news/2018/cannabis/04161LetsTokeBusiness-TSXE.asp
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investors should review all OTC and Pink sheet listed companies for adherence
in new disclosure filings and filing appropriate documents with Sedar. Read for
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