GREY:CNKEF - Post by User
Post by
stockfyon Sep 12, 2018 3:44am
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Post# 28602616
Global Commodity Funds, CKE's valuation gap & Montney peers
Global Commodity Funds, CKE's valuation gap & Montney peers CKE folks, check the Seeking Alpha article below to see why CKE keeps trading at less than CAD$1,000 per Montney acre, which is a significant discount compared with its Montney peers (i.e. LXE, SRX, PONY, BIR etc.): Seeking Alpha article: Two-thirds of global commodity funds of March 2012 have closed According to this article, 2/3 of global commodity funds of March 2012 have closed. Shocking numbers. Many of these fund managers are famous and are considered "commodity gurus".
However, these numbers prove that there are many grossly incompetent fund managers out there gambling their clients' money. Other fund managers are close-minded and stuck with the penny stock myth, so they focus on stocks that trade above CAD$1. All of them fail big time and they close their funds at the end of the day. Patience with CKE. Proforma the Craft spinoff, CKE is stronger than ever.