TSX:CUS.DB.D - Post by User
Post by
leo101on Oct 28, 2014 11:44am
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Post# 23067823
market call
market callPeter Brieger on market call: SELL - "One of the low-cost sodium, chlorate and alkali producers, which is used mainly in the pulp and paper business, as well as the treatment of water. They have a small division called North American Terminals Operation, which is involved in the loading of oil into tank cars. They just lost a contract which will reduce the utilization rate by 40%, and will hit the earnings. Debt is way out of whack relative to equity. Yield of nearly 11%, and is going to go down"