RE:My Two CentsIt's a very good 2 cents Muskoka.. and points well taken.
I'll tone it back on the arrogance, always intended in a playful way, but I'll taper back.
Let's, as Gonat said, get back to the basics.. let's talk about the fundamentals of Crew, their story, pending LNG era, LNG Supply (for both plants).. LNG JV Players and signed agreements (recently ARX - are Crew next? TBD)..
and no, if Crew dips below $2, which I don't think they will, I will not be reduced to a 'former' great.. as my logic was Crew gets up to around $3.30 per share & they negotiate a buy-out, all stock as Storm did with CNRL ($6.32 per share).. this is likely where Dale is taking it.. a higher price.. all I said was that I'd be happy with $4/share in an all stock deal.. and see the other 50% upside in a div paying name with some upside Torque.. TOU or ARX are prime for this..
I'm also thinking that Whitecap may want to dip their toes into the LNG supply space, they did drill near the AB/BC border (Dawson) and they have the balance sheet to absorb Crew.. and negotiate the long term supply contracts (and build out groundbirch).. that would be nice, WCP pay a decent (and will grow MONTHLY dividend)..
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upinmuskoka1 wrote: Has a long time holder CREW I have also been a long time reader of this board. I have decided to open an account with SH.
First of all this board has been a great source of RELIABLE information for myself and I am sure many others.I appreciate the contributions of the regular posters especially OLDNAGGER.
So because his email was leaked he decides to throw a bullboard tantrum and takes all his knowledge and keeps it to himself. Reminds me of my old schoolyard days when a kid would just take his ball and go home because he wasn.t happy.
I did assume he would just have simply changed his email to a garbage gmail account and set up another account exactly like I have done. Anyways I do hope he comes back because I miss his contributions. Maybe he was just tiring of some of the other nonsense that creeps up on here and used the email leak as an excuse.
This is a CREW board and to tell the truth I could give a rats a** about the weather. Seriously I am sure most of us are not invested in CREW because some so called expert is calling for a polar vortex or whatever you climate guys call it. We all know that eventually it will get much colder.
Cheadle12 you have by far contributed IMO the most valuable info to this board and I am glad you are here. However your narcissism is second to none. You need to give it a rest and focus on continuing to provide the great info you have and hopefully will continue to do. Your constant squabbles make you and the other guys all look like immature idiots.
Just a thought if CREW drops below $2.00 will you be known as TGHBC “The Great Has Been Cheadle” Something to consider.
Anyways personally myself I own 200k shares of CREW and I am taking solace in the fact that when CREW was at $2.50 back in July it dropped 40% to around $1.50 late August and it then surged well over a 100% to $3.58 in October.
Hoping to see a repeat.
I too would have taken like Cheadle12 a $4.00 all stock buyout with a larger dividend paying company. There is no doubt in my mind CREW will surge in 2022 so long as they pay down their debt and become leaner, much leaner.
Looking over the quarterly reports it seems CREW took on this debt back in 2017 and they have done nothing since to pay it down. Personally one of my main reasons for buying CREW was the high insider ownership. If they are holding then I am holding.
Just my two cents.