TSX:CUS.DB.D - Post by User
Comment by
Khersonon Jul 12, 2015 8:31am
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Post# 23915569
RE:RE:Seeking Alpha Article - Canexus
RE:RE:Seeking Alpha Article - CanexusKherson wrote: I see that the author of this piece is Jason Knapp who claims to have degrees in economics and finance and is a retired executive from a major bank! Too bad he can't do simple math!
If you take a closer look at the fifth paragraph from the bottom of the article, he states "dump the asset (Blunderheim) at 85% of cost". The actual number was 15% of cost! But he does have it right when he states that he modelled a scenario where it made economic sense to just give it away. I said the exact same thing two months ago...
I believe that Doug stated that the chemical business would be soft this quarter. Seems that Jason may have missed that comment...
So Ocean112, you spent $2500 a year to read exactly what some of us have been saying for quite sometime on the Canexus SH board! Too funny...
Kherson
Looks like Jason's new article on Seeking Alpha is a tad cautious! He is suggesting a share price of $1.00 to $1.10 for the near term! Too funny...
Jason, allow me to explain clearly what is really happening at Canexus, they had and still have very poor management!
Kherson