TSX:TECK.A - Post by User
Comment by
check737on Jul 11, 2018 9:56am
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Post# 28298913
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Teck.. Cash flow machine
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Teck.. Cash flow machineI agree with you and it is why we should not trade in the us, however, the question was what is depressing the share price and that was what my responce was about.
Cheers
VOKBLVR wrote: I think you are reading too much into the share structure. Why should some SOB with a pile of money be able to overthrow a board that has led this company through quite a few serious challenges and is now in a position to reap the benefits of far sighted and sound leadership.
Teck reached about $60.00 a couple of yers ago and then dove to the $5.00 region. By sitting on their multiple voting shares and acting with belief in their interpretation of events we are now
are on way back up with stronger earning, larger margins, lower costs and an extra arrow in their quiver (Fort Hills). The Americans can jump on board or watch the ship leave the dock as dividends increase and growth in the copper sector starts to overpower zinc.