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



TSX:CUS.DB.D - Post by User

Comment by 6million Feb 03, 2015 8:52am
170 Views
Post# 23391555

RE:RE:RE:I just don't get it...

RE:RE:RE:I just don't get it...
Jackroy wrote: I don't think we can conclude yet that the new management is bad management Kershon. It is way to early for that. Is the Dividend toast.... probably a % of it, but I doubt all of it. I agree with the board.... sometimes you get so negative on a stock that you can't stop thinking about it. Time to stop thinking about it and move on


Agreed.

This Doug guy sounds pretty no nonsense to me. Says it like it is. Sounds like a prudent decision maker with regard to the NATO asset i.e. clearly off-focus for the company and so going through the process of divestiture, however if the market does not currently offer full enough value of the asset they will continue to operate the asset until such time as the market recovers. That's exactly what I want to hear. Resume shows experience working in chemicals and large scale agriculture businesses and an ability to implement cost savings. Would love to see him produce some results at CUS given I'm long.
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