TSX:CHE.DB.E - Post by User
Comment by
Khersonon Apr 08, 2019 12:06am
72 Views
Post# 29594899
RE:RE:Sherry532
RE:RE:Sherry532sherry532 wrote: I feel the worst is behind us.
There were lot of one time issues in 2018 and Q4.
Even a small inprovement in results/outlook would help.
I do see outlook improving for Q2 and beyond as oil price is recovering.
Reassurance about distr level will enhance investor confidence.
There may be some pressure till Q1 results as people will like to play safe.
Exodus to oil sect will be another reason for the unit price to stay depressed.
Buyers may remain wary.
People like Kherson have been hanging around on this board for many months with a hope to buy CHE.UN units below $9. I see no other reason for him to waste so much time.
Kherson's point about debt is valid but my view is that they may sell some assets to pay off debt rather than cut the distr.
Why yes Sherry, you finally figured me out!
I really want to put my money into an Income Trust that just paid it's CEO over $1 million of RSU's in cash on March 1st for the disastrous financial results of 2018 and has two of it's board members on the Trust's Audit committee who own no units in the Trust!
No that is just too funny!
Reference: Management Information Circular
Kherson