Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Chemicals Specialty Chemicals


TSX:CUS.DB.D - Post by User

CANEXUS CORP 6.5 PCT DEBS > The Potential Future of Canexus
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by ocean112on Apr 13, 2015 1:06pm
231 Views
Post# 23623771

RE:RE:RE:The Potential Future of Canexus

RE:RE:RE:The Potential Future of CanexusThough I agree that insolvency isn't really that plausible in today's market, it IS possible if oil goes down to $30. 

Really?  So CUS has 20% exposure to oil in thier HCL business, and NATO is already valued at zero.   If EBITDA contribution from NATO is negative $12M for 2015 - then they run the risk of hitting thier debt covenant should the banks choose to call thier loan.  

Apart from this explanation,  can you explain why bankruptcy a possibility at $30 oil given that CUS is a CHEMICAL company?  How is oil price relevant with WTI to WCS differentials already tight?

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities