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

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

[Kherson]

6milli wrote:

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.

I think you are missing my point folks, I actually think that Doug is indeed doing a good job, it's his two vice presidents, Diane and Rich that need the boot. How anyone in their shoes can justify selling their stock last year is beyond common sense considering all that the company has gone through. To have Diane unload her stock on August 8th and then have the tie-in issues on the 20th speaks volumes...
How can a CEO of any company promote his company as a turm around story when his vice-presidents are unloading their shares? At the very least, the Optics are bad...
Kherson