TSX:CUS.DB.D - Post by User
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6million Sep 09, 2014 7:58am
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Post# 22918509
RE:Now What?
RE:Now What?amugsgame - (9/9/2014 7:03:31 AM) Now What? What is said on this board doesn't move this stock at all of course. With 180 mil. shares outstanding it is the institutional buyers and their analysts that decide where CUS is going and right now they seem pretty mixed in their faith in it. Logically, CUS should jump right back to the $5.40 level where it was sitting at right before this situation with MEG but if the enthusiasm for this stock is gone it may be some time before it gets back on it's feet.
Now, sit back, close your eyes, collect your current 9% dividend for 1-3 years, watch the dividend increase for the next several years following that, and then open them to see where the share price is then. Probably about double where the stock is trading currently, give or take a couple bucks share depending how the business segments perform and their outlook in the future.
At least, that is my preferred scenario. Unfortunately, the stock may head a lot higher sooner if asset sales are announced, but I'm crossing my fingers that doesn't happen.
6milli