GREY:CXEYF - Post by User
Comment by
golferguyon May 15, 2007 5:40pm
375 Views
Post# 12785708
RE: New Presentation - VERY bullish.
RE: New Presentation - VERY bullish.
...using your statement for the basis of my post, if u dont mind,...
"At current C$48MM EV, CAX is trading at an unbelievably cheap 0.72x '07 cash flow. I've never seen anything like that before."
...how does one rationalize that we are where we are? I know the blunders and the delays, all one package really, are the main culprits for the demise of the SP.
...But,imo, does the fact that when this Company first came into existence, with Wood's n Clarke as a formidable pair in the O&G
Industry, that they were treated or thought of like a 1st round draft choice with having immediate success, a la Sid the Kid Crosby? When they didnt , voila, deep decent (SP) without even any consideration of what got them to where they were in the first place.
...makes one think, do analysts really know what the frik is going on? Thx for your input!
...have a good day
...g-g