TSX:CHE.DB.E - Post by User
Comment by
Khersonon Nov 24, 2019 1:22pm
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Post# 30387227
RE:kherson is not the issue
RE:kherson is not the issueleo101 wrote: the issue is paying a big fat distribution when the company is bleeding red ink. when a company loses $1.40 per year and then pays out $1.20 per year in distributions, it doesn't take a rocket scientist to figure out something is wrong. there is way too much goodwill and other intangible assets on the balance sheet.
years ago i owned some canexus shares and kherson planted some seeds of doubt in my mind which led me to dump them and avoid a nasty loss. that's why i occasionally come to his defense.
Thank you leo101.
Kherson