CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

RE:RE:RE:RE:Payout Ratio 354%!

[Kherson]

ocean112 wrote: My last response Kherson (since I dont want to bore this site with my replys to your posts).

a) You never did show your calculation for 208% - instead - you asked this board to help verify your assertion some time ago.  I don't beleive anyone else came up with 208% (which seemed to contradict the numbers reported by Canexus - so something definately fradulant must be going on according to your line of reasoning).  Perhaps a coverup - to be uncovered by smart people like you?

b) You don't seem to know the difference between opinion and analysis - so i'll leave it at that.

Anyway - lets see where the chips fall - I am long this stock - can wait through 2016 if I have to and collect the dividend.

Actually Ocean I did show my calculation. I used the numbers that of course Canexus provided, but I also included the additional shares that the company issued in 2014. My line of reasoning at the time and still is that Canexus did not use the correct share number for their 4th quarter payout ratio, hence the 354% ratio now...
You can wait until 2016 for the price to correct itself? Good luck with that...
Kherson