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Bullboard - Stock Discussion Forum
CANEXUS CORP 6.5 PCT DEBS
T.CUS.DB.D
Chemicals
Specialty Chemicals
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Bullboard (TSX:CUS.DB.D)
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(11)
•••
amugsgame
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Comment by
amugsgame
on Sep 04, 2014 9:08am
RE:RE:RE:RE:RE:Bullish Article on CUS
MEG does not have to "scramble" to defend themselves if they are just trying to squeeze CUS in negotiations. If they feel they don't have a strong position then they can just back down
...more
(0)
•••
jd43xl
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Comment by
jd43xl
on Sep 04, 2014 8:52am
RE:RE:RE:RE:RE:Bullish Article on CUS
If MEG broke a contract at the last minute, I don't know why they would be surprised. If MEG doesn't agree to live up to their agreement, I hope Canexus sues for huge damages.
(0)
•••
ocean112
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Comment by
ocean112
on Sep 04, 2014 8:48am
RE:RE:RE:RE:Bullish Article on CUS
I actually think the lawsuit blindsided MEG - it's only been a couple of weeks - and perhaps they were trying to squeeze Canexus in negotiations for capacity - but now that CANEXUS has launched
...more
(126)
•••
Kherson
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Comment by
Kherson
on Sep 04, 2014 8:03am
RE:RE:RE:Bullish Article on CUS
I find it hard to believe that MEG would purposely delay the ramp up of Blunderheim knowing that they are materially affecting Canexus and are opening themselves up for lawsuits. There must be more to
...more
(0)
•••
ocean112
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Comment by
ocean112
on Sep 04, 2014 7:20am
RE:RE:Bullish Article on CUS
I think the Market is can’t see the forest from the trees and are missing the big picture. The biggest question glaring me in the face is “WHY would CUS anger their biggest customer and take
...more
(16)
•••
MOJOJONO
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Comment by
MOJOJONO
on Sep 04, 2014 1:04am
RE:Bullish Article on CUS
interesting... they got or chose? a friday court date to make a decision. How fast is it to be able to get a court date with AB justice? 2-3 weeks would be sufficient? Even if there is
...more
(0)
•••
jd43xl
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Comment by
jd43xl
on Sep 03, 2014 8:00pm
RE:RE:RE:RE:RE:legal battle
Baseless speculation from one who does nothing else. Go bother someone else, as you obviously are not a CUS shareholder.
(48)
•••
snootchybootchy
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Post by
snootchybootchy
on Sep 03, 2014 7:56pm
Bullish Article on CUS
https://caps.fool.com/Blogs/the-last-major-buying/997518 I hope the author and many of the posters to this board is right. Bought another half-position today at $4.83. I'm in so deep
...more
(21)
•••
mikoola72
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Post by
mikoola72
on Sep 03, 2014 7:43pm
Let's hope this gets resolved soon
A Brompton funds money managers comments about the Canexus/Meg dispute-the comments are at the end of the clip. https://www.bnn.ca/Video/player.aspx?vid=431289 Interesting Meg up today and Canexus
...more
(232)
•••
roscoe74
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Comment by
roscoe74
on Sep 03, 2014 6:56pm
RE:RE:RE:RE:legal battle
It appears to be a spat regarding access to capacity. Perhaps Cenovus has elbowed MEG aside and MEG is not pleased with the outcome. This shakeout likely means something going on.
(0)
•••
ocean112
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Comment by
ocean112
on Sep 03, 2014 3:52pm
RE:RE:RE:legal battle
ok....(I guess?)...by that logic - they will use their deep pockets to screw over Canexus - and screw themselves in the process (both by increasing risk of an adverse legal outcome and reduced Q3)...I
...more
(3262)
•••
leo101
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Comment by
leo101
on Sep 03, 2014 3:36pm
RE:RE:legal battle
market cap would be a good indication of how deep a company's pockets are and how strong their legal team is. from the calgary herald today: "In a note titled “Nightmare at NATO
...more
(0)
•••
ocean112
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Comment by
ocean112
on Sep 03, 2014 3:27pm
RE:legal battle
again - I beg to differ (a company's market cap has nothing to do with litigation)....here is the excerpt from CIBC....which is VERY revealing..... ____________ Canexus believes MEG has no
...more
(0)
•••
hunyango
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Post by
hunyango
on Sep 03, 2014 3:25pm
hearing on friday
Canexus is hoping for a bench decision on Friday and will have a team ready to do the tie-in on Saturday, if allowed. https://www.calgaryherald.com/business/energy-resources/Canexus+shares+plunge
...more
(3262)
•••
leo101
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Post by
leo101
on Sep 03, 2014 2:49pm
legal battle
If I read the release correctly, the gang that couldn't shoot straight, Canexus, is getting into a legal battle with a sucessful $8.7 billion market cap energy company. It's pretty easy
...more
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