Post by
canne on Aug 18, 2018 1:26pm
Schachter
Good old bow tie's last appearance on BNN held true to form, he remains mystified by the low price of BXE. His figures were $413 million debt, $447 million in assets and a projected cash flow of 95 cents/share. If one could cancel the debt, a cash flow of $.95 on a $1.20 stock would be a home run, but as it is, investors are petrified of high debt no matter what the cash flow is as everything that comes in has to go out to service the debt. With no dividend in sight and investor aversion to bidding up the stock, BXE has a lot of balance sheet work to do to come back. Mr S has a somewhat lofty target of $20 in 5-7 years but as this stands today, the 5 year return has been minus 97%.
Comment by
rob1237 on Aug 20, 2018 7:09pm
With schachter you are better off throwing darts lol Never made a dime listening to him. Eric Nutall is even worse.
Comment by
briliantpebbles on Sep 02, 2018 12:37pm
he reamin mistified that bxe keeps going lower. I remain mistified that he keeps getting booked on bnn...
Comment by
1condor on Sep 07, 2018 12:25pm
Not that it matters....but he just recommended BXE again. I wonder how many packs of TUMS this guy goes through in one day.
Comment by
briliantpebbles on Sep 07, 2018 1:34pm
you cannot be serious! ---- j p mcenroe
Comment by
Retire2024 on Aug 21, 2018 9:35pm
Not sure where the $447 million in assets came from since the Q2 report lists total assets as $1,311,300. Total net debt $430,226. Total shareholders’ equity $747,191
Comment by
Retire2024 on Aug 21, 2018 9:38pm
(CDN$000s except share and per share amounts)