TSX:CUS.DB.D - Post by User
Comment by
Khersonon Sep 13, 2015 4:09pm
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Post# 24100187
RE:Net loss of $158 million for Q2!
RE:Net loss of $158 million for Q2!Kherson wrote: I sure hope that those of you who are still holding this stock realize just how precarious a position Canexus is presently in! I find it disturbing that their dividend Payout Ratio is now incalculable as they had a negative $15.9 million of distributable cash, yet paid out $1.8 million in dividends!
Canexus actually lost 80 cents a share this quarter and their Total Equity is now only $20,828,000 as listed on page 16 of the MD&A!
Does that not translate into a book value of 11 cents a share?
Kherson