TSX:HSE.PR.B - Post by User
Comment by
Khersonon Sep 17, 2019 7:48am
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Post# 30134397
RE:RE:RE:Husky resistant of course
RE:RE:RE:Husky resistant of courseScottie99 wrote: I don't think the strong balance sheet kool-aid is working anymore, as the market cannot be fooled again. Cenevous moved up because they are trusted in spite of the terrible decision they made in the past.
For Husky, it is a trust issue and even the 6% increase, I can bet it is shorters at play, using the current news to cash in on their gain before it tanks again. Peabody is a sitting duck IMHO and like any lame duck CEO, is aware he is about to be kicked out like Asim and he cannot do a damn thing about it. Someone has got to take the fall when the chips are down and it sure look like Peabody might be the nice guy since he was COO under Asim.
IMHO, I doubt if Peabody being kicked out might be enough to assuage the market and restore the lost trust. It is actually LKS that needs to be kept in his publicly announced retirement before they can be given a second look. Pardy more or less stated that in his taking HSE private shout out to LKS!
Dogsbreakfast4U wrote: Cenovus is loaded with debt and somehow managed to move up 12% + today. Husky with its "pristine" balance sheet is up only half that and struggling to stay above the $10 level with WTI at $62!! Pourbaix has done a great job selling his company whereas Peabody has been putting everybody to sleep. He's like Jeb Bush, a nice guy but no energy! Time for a CEO change.
Something is very wrong here! If indeed the problems are as Scottie describes them to be and HSE is sitting on them, then hopefully the Regulators will get to the bottom of them and make it public!
Kherson