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

RE:Falling Loonie Helps Canexus

[Kherson]

ocean112 wrote:  For those interested, the CFO mentioned on the last Q3 call that for every 1 cent the dollar falls, they generate $1M in EBITDA across all it&#39;s businesses. &nbsp;That&#39;s when the loonie was trading at $0.88. &nbsp;Experts predicting the loonie to fall to $0.75 shortly - currently at $0.79 - which works out to $13M in EBITDA currently not factored into any estimates for 2015. &nbsp;Hypothetically speaking - if EBITDA estimates come even close to these numbers - there will be upward revisions to the 2015 forecast.<br /> <br /> Sodium Chlorate - $60M<br /> HCL - $25M<br /> Brazil - $24M<br /> NATO - $25M (Doug confident to hit 8.5 to 9 trains with 5.5 secured)<br /> Manifest - $3M<br /> FX Gain - $13M<br /> <br /> 2015 EBITDA (if currency falls to $0.75) = $150M<br /> <br /> Current Analyst Estimates - $120M - $130M<br /> <br /> That would be an upward revision of $20M - which may be reflected in April/May when Q1 comes out.&nbsp;</p> <p> Just another reason why I like CUS as a hedge in my portfolio to the falling dollar. &nbsp; If the bashers think i&#39;m pumping - i&#39;m not - just passing on what I read - but please feel free to put me on ignore if these posts offend your sensabilities.&nbsp;</p> <p> Here is the article.&nbsp;<br /> <br /> https://ca.finance.yahoo.com/blogs/balance-sheet/loonie-among-worlds-worst-performing-currencies-170236061.html</p>

Back on January 30th, even Ocean112 believed that the Unit Train loading numbers were alot higher...
He believed the number was 5.5!
Kherson