CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

news for nato

[mike49]

i don't know why cus has to be so murky in their releases.a mid year contract on take or pay is really no more than an option that can be traded or exercised.
how much moves today is the question.
no matter-build it and they will come.in the end infrastructure is worth more than the day to day.look at all of the new retail reits.
if oil doesn't pan out near term there is a yard there that can't be built on short notice in the future.intermodel,grain,gravel,etc.
and i am not being silly.
i think cus is conflicted.the ceo said he would sell ANYTHING if the price was right but probably getting lowballs for everything and not knowing where to apply the focus.
imo,everything in the cus book is having the tire kicked but hard not to get bent over.
remember-this used to be #1 bossiamchemical company.
my advice-(not worth beans -i know)
restructure to 2 divisions or similar.follow the model created by enbridge,etc and transfer the asset with divvy(if affordable) down and ride out the storm with an emphasis on doing what you do right.
my prediction-sale of something when appeasement should be off the table.
my hope- a hedge company or pension plan buys the whole works and keeps or deals each assett based on some logic (i admit-i do have an altrusic side but money and the deep pockets that hold it rule).
enough already