Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

RE:RE:RE:RE:GO PRIVATE

[mrbb]

Scottie99 wrote: I do agree the MEG deal might be pulled or they just allow it to lapse at the deadline. With their drop in production (Superior is still down and White Rose is going to be down) and all these investigations propping up with current and potential lawsuits that would start to affect the company's finance (coupled with the drop in oil prices), HSE might not be in a position to pay for the MEG deal without putting a hole in their balance sheet. That is what might deal a blow to the MEG deal and doubt if they would upp the deal with the oil situation in AB.

As for Peabody, I agree he is in trouble and Victor or LKS would have to make a decision to let him go so as to reassure the market they are taking care of the problem and those responsible. They sacrificed the Senior VP for Atlantic Canada Ops for the Iceberg incident but looks like they would have to clean house with Peabody for this oil spill, otherwise, the media would continue to milk the incident. Already, the NFLD Government is now putting the focus on the Regulators because someone has to take the blame for this. The Regulators in turn would put pressure on the company to step up and this is where Peabody might be sacrificed. HSE did not make it easy for themselves by telling CBC they are no longer doing media interviews about the oil spill, they just poured gas on the raging fire and the NFLD Government had to step in.

https://www.cbc.ca/news/canada/newfoundland-labrador/cnlopb-in-question-after-spill-1.4914163

AS for HSE going private, even if LKS wants to do so, I doubt if he can because of all the regulatory investigations the company is going through and the mounting liabilities associated with current and pending lawsuits. From a regulatory and economic perspective, LKS won't do it even if he wants to, which I doubt. The SP is now grossly priced with the increased risk and uncertainty as it is, because of the potential for the liabilities to be understated while the assets are decreasing with the forced shutdowns from the incidents. IMHO, just like the MEG deal is now too pricey for HSE at $11, LKS would likely pay higher premium than intended if he wants to take HSE private. HSE going private is likely out of the picture!

indoubtgetout wrote: Minority sharehodlers would sell out at a good price....I would say $25 CAD.   Second, 
I believe Li Ka-Shing will now scrap the MEG takeover.   I also believe that Peabody is now in trouble even though this recent spill is entirely weather related.   The media is KILLING us. (cancel your newpaper subscription and cable!).   250,000 litres of oil is 1,500 barrels of oil or less that 10% of Whiterose's production.  The media outcry is rediculous and destrying our Canada.   So back to the buyout, NO MEG, PEABODY OUT, and PRIVATIZE HSE.  

are you certain this time like your SEC investigation and lawsuit galore allegations 2 years ago?