RE:CIBC target $32“Unsofisticated”?
indeed!
lmao
TheEgyptian wrote: VET command great valuation, small number of shares compare to other energy company, very reasonable debt, and above all the lost 50% with its value rendering the dividend at 12%. As long as the oil price is in the $45-$60 USD eange then the dividend is safe.
I find the risk/reward is very healthy for VET, even if the share drop by 10% over the next 12 months, shareholders are still winners. This is the stock market. We don't know what's going to happen to the cowardly SA, they keep bombing the poor Yemeni and deny that they were hit badly few days ago. They are the one who help orchestrating the 9/11 and now with a new cowardly ruler they pretend to be a free western nation. The heck with them and with every Canadian who buy anything from them. Canada has the safest and the most ethical petroleum, mining industries. We respect each other even when we disagree, we respect the law and we care for others. If any Canadian refuse to extend their hands to each other then we Canadian should be vocal. Who is this green part leader, anyone and every one is speaking now pretending to know how to preach the word of enevironment, than may be this May green party should move to China or Egypt or India and preach her theory there. I hope that on the night of October 21st we get rid of an unsofisticated corrupted governmentand elect a body can that speak freely for all Canadian.
The enerygy market has been decimated and so far this week I didn't hear one voice, other then mr Kenny, that highlite the problem of buying oil from dictators and corrupted government and starting to plan for a real Canadian energy policy.