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Trisura Group Ltd V.TSU


Primary Symbol: T.TSU Alternate Symbol(s):  TRRSF

Trisura Group Ltd. is a specialty insurance provider. The Company is engaged in operating in surety, risk solutions, corporate insurance, and fronting business lines of the market. It has investments in subsidiaries through which it conducts insurance and reinsurance operations. Those operations are primarily in Canada (Trisura Canada) and the United States (Trisura US). Its segments include the operations of Trisura Canada, comprising surety business underwritten in both Canada and the United States, and risk solutions, fronting and corporate insurance products primarily underwritten in Canada and Trisura US, which provides specialty fronting insurance solutions underwritten in the United States. The main products offered by its surety business line are contract surety bonds, commercial surety bonds, developer surety bonds, and new home warranty insurance. Its contract surety bonds, such as performance and labor and material payment bonds, are primarily for the construction industry.


TSX:TSU - Post by User

Post by Lordoftheboardon Aug 03, 2011 10:23pm
374 Views
Post# 18901751

Fishing for pennies

Fishing for penniesCrazy, you have been right on the money for quite some time. This issue has been a mismanaged one-trick pony that relied upon old tests, spin-doctoring and investor faith. I feel sorry for Parry, as I'm sure he took a bath, however I have no remorse whatsoever for Worral as I feel he is nothing more than a snake oil salesman.

I traded services of mine for 20 cent stock years ago and have watched with interest. Even their Canadian assets are a long way from any sort of fruition, yet they blow stock into them and dilute investors' equity with nary a speck of forethought.

Worst of all, I feel for those that continue to be hoodwinked by this company's pretence at being able to operate, let alone cover their bills. They may be sitting on something worthwhile, but they are not the right ones to bring it to light. The only upside here is to wait for a white knight and hope that losses can be reduced by someone competent.

IMHO & GLTAL. DYDD

LOTB
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