TSX:HSE.PR.B - Post by User
Post by
lashingon Feb 27, 2020 1:20pm
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results are not that bad, management is though
results are not that bad, management is thoughEvery conference call is the same. Nothing real is discussed. They sound like college guys. Immature and without substance.
I've always had the feeling they are less management and more installed puppets. Write downs have clouded everything. Its clear HUsky expects to make no money this year and when they say "next year" they mean delay for a year then proclaim "unforseen circumstancces"
The retail sale is taking to long. I suspect its not a great deal. Could be wrong. Obviously no one can talk about a deal not done but I think that space had its M&A a year earlier than HUskys decision to sell.
After this quarter that div is on the chopping block. HSE is rather brutal to investors so I see no reason they would keep it. The stock is already destroyed and destroying it further makes sense for taking private. Chinese billionaire can blame all on economy, market crash, carona virus and take this private for zero premium.