RE:RE:RE:RE:OBE has not been fairly valued 1 day since Loukas is CEO I have made quite a bit of money myself on OBE. However, I took a great deal of risk to make that money. True Loukas saved the company. But he has floundered as a CEO ever since. There is only so long he can live off that initial success. He has no experience as a CEO and it shows. He has been throwing plan after plan up against the wall all of which have failed or been unfulfilled. Moreover the OBE investors have seen nothing in the way of a dividend or fair stock valuation. Regardless of what he did initially which was rewarded by giving him the CEO position he has not produced shareholder value since and all this with world class assets that most Canadian companies can only dream of. That is not my opinion but that of Rick George's who said so. The market sees this and has holding the stock price down. He must produce shareholder value not just produce plans and happy talk. On a personal note Loukas's hedge fund is almost completely gone. It has been a great failure having once had almost $400 million under management. My fear with this guy is that he sees his current position as a personal cash cow from Obe's compensation package. Is he just coming out with plans stringing investors along to suck personal wealth out of OBE?
You are wrong about not blaming the CEO and have no understanding of corporate leadership. You stated: "management is doing a great job"? Yes they are for themselves. Obe investors are getting a stock valuation that is not even half of the companys fair valuation. I guess if a CEO leads a company to less than half its valuation you are satisfied which makes you look like a fool and that is a fact.
You said I am not stating a fact that this company has not been fairly valued for even 1 day while Loukas is CEO. Fine, then tell me the day it was fairly valued and prove me wrong. You can't because you know it is the truth which only leaves you with attacking me. That is because you are a cheerleader at best and maybe even a fraud or pumper.