GREY:BXEFF - Post by User
Comment by
briliantpebbleson Sep 02, 2018 12:37pm
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Post# 28554377
RE:RE:Schachter
RE:RE:Schachterhe reamin mistified that bxe keeps going lower.
I remain mistified that he keeps getting booked on bnn...
rob1237 wrote: canne wrote: Good old bow tie's last appearance on BNN held true to form, he remains mystified by the low price of BXE. His figures were $413 million debt, $447 million in assets and a projected cash flow of 95 cents/share. If one could cancel the debt, a cash flow of $.95 on a $1.20 stock would be a home run, but as it is, investors are petrified of high debt no matter what the cash flow is as everything that comes in has to go out to service the debt. With no dividend in sight and investor aversion to bidding up the stock, BXE has a lot of balance sheet work to do to come back. Mr S has a somewhat lofty target of $20 in 5-7 years but as this stands today, the 5 year return has been minus 97%.
With schachter you are better off throwing darts lol Never made a dime listening to him.
Eric Nutall is even worse.