TSX:HSE.PR.B - Post by User
Post by
RagingBull3on Oct 18, 2019 10:48am
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Q3 profit wise I think it will be bad across the sector
Q3 profit wise I think it will be bad across the sectorbut cash flow wise it will be ok across the sector.
Companies are finally starting to cut back on Cap Ex and paying down debt with the excess in Cash Flow.... but without good profits, share prices will still take a hit.
JMO
I dipped my toes into the Preferreds earlier this month, even though don't understand them too much, and possible recession, and low oil prices.