TSX:CUS.DB.D - Post by User
Comment by
Khersonon Oct 28, 2016 8:04am
122 Views
Post# 25397076
RE:Obviously Gordon and Murray believe CUS is valued ABOVE $1.5
RE:Obviously Gordon and Murray believe CUS is valued ABOVE $1.5phoenix_trader wrote: Davis should do the honourable deed of withdrawing his low ball offer. Look at Teck, from $4 to $28 on the commodity price turnaround, can it happen to CUS, youbetcha....................As a long-term shareholder, The Stirling Funds believes Canexus is attractively priced and fits its model of acquiring investments trading at a discount to their underlying intrinsic value. "Canexus is a world-class chemical production company employing best-in-class employees. As owners of the company, our sole goal is to maximize value for all stakeholders," stated Gordon Flatt, chief investment office of The Stirling Funds.
The key here is to maximize value for all stakeholders. What everyone seems to be missing is that Canexus had a Comprehensive Loss of $633,000 on the Second Quarter results. Next Friday's release of the Third Quarter results will speak volumes!