Post by
indoubtgetout on Jun 11, 2019 9:53am
HSE Going Private?
Like many other signficantly undervalued publically traded companies, HSE is likely a strong candidate for going private. HSE, should it trade in line with valuations to its peers, should be at least at $20....so 40% discount that seems to persist. Seconly, if you were Li Ka-shing, why bother with being public anymore.....not wort the hassel and he could esssentailly buy HSE out with its balance sheet.....
Hudson's Bay Company is going private....same principle. Undervalued so take it private, get out of thte public limelight and restructure.
I don't think HSE will be a publicly traded company by end of 2019.....
Comment by
firstworld on Jun 11, 2019 3:11pm
No foreign O&G will invest another dime in Canada for a couple of genertations when its easier to deal in 3rd and 4th world countries. LKS is global and has fart better places to put capital to work. Would probably ratther divest all canadian holdings entirely....
Comment by
indoubtgetout on Jun 14, 2019 2:20pm
Obviously you don't know much about HSE cause if you did you would decifer that LKS would not have to put any of his money into HSE as a balance sheet that could self fund taking itself private.......