TSX:CUS.DB.D - Post by User
Comment by
rustybladeson Oct 17, 2015 10:33am
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Post# 24201118
RE:Cash Operating profit for six months was $57 million
RE:Cash Operating profit for six months was $57 millionphoenix_trader wrote: This comes from P. 2 of the MD&A and excludes discontinued operations i.e. NATO. Distributable earnings includes discontinued operations. NATO is gone and with it the losses of NATO. The chemical operations will generate the cash to pay off the banks in 3-4 years. Vote NO!
Agree with you that the NO vote is the correct vote. Q3 will probably have everything including the kitchen sink in it to make CUS's position appear as dire as possible. Hope people don't get taken in. Q4 will be the first quarter to show the true state of affairs.