RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Anyone explain how spending $30mmU$ on Buyback is 6.6% YieldYeah I was once a shareholder of CGX and FEC but sold 2 years ago. I watch the companies as well as NSE opersting in Venezuela. But I won't buy as long as these Trotsky style commies run things. Their MO is to decimate the private sector and make everybody dependant on the state for a few crumbs of rationed bread every day.
I had my hopes up when Duque was pres of Colombia and Bolsonaro in Brazil but the commies got voted in. They'll go after Guyana and Suriname next. About the only country worth investing in, in these parts, is Trinidad and Tobago. Investment capital is leaving this region in droves except for XOM. Nicaragua is now a police state under Ortega threatening all of central America. Bukele, the pres of El Salvador is a hard a$$, hard line anti-commie who he considers more dangerous than Mara Salvatrucha aka MS-13, El Salvadorian gang spreading through the Americas. Yeah, it's a real mess in these parts. Hard to do business. Can just see fec wondering which pipeline they'll blow up next.