Topic: How To Invest

What are your thoughts on Enterprise Group? Thanks for all your advice throughout the years.

Article Excerpt

Enterprise Group, $0.79, symbol E on Toronto (Shares outstanding: 71.9 million; Market cap: $61.5 million; www.enterprisegrp.ca), provides underground construction services for utilities, including installing power, communication and natural gas lines. Enterprise Group continues to expand by acquisition. In early 2012, it started up a heavy equipment rental division called E One Limited. In September 2012, E One acquired Artic Therm International. Founded in 1998, Artic Therm rents flameless heaters to customers in the construction and oil and gas industries. These heaters range in heat output from 375,000 British thermal units (BTUs) to three million BTUs. In June 2013, the company paid $2.1 million for Pro Tech Construction. Pro Tech’s main asset is 12.29 acres of land and buildings in West Edmonton, along with a development permit that allows for future expansion. This location will also serve as a West Edmonton field office for Pro Tech’s TC Backhoe and Directional Drilling divisions, as well as for Artic Therm. Also in June 2013, Enterprise Group bought…