Post by
forecast123 on Nov 04, 2021 8:44pm
Q3 report not as good...dividend in mid 2022 and not now
This is a disappointing news to many who had baked dividend reinstatement into CJ's SP... Dividend to be probably reinstated in mid 2022 though they had spent a lot of narrative to explain for the rationale...
Comment by
agoldbloom on Nov 04, 2021 8:58pm
Considering all the oil companies out there doubling or tripling dividends, I don't think this will play well tomorrow. I understand the rationale and appreciate the explaination and plan - but oil is up big time and shareholders haven't been given anything. No dividend and no real share buybacks.
Comment by
kavern23 on Nov 05, 2021 1:40am
Oh I am factoring in CJ getting better results in the future and I am not saying CJ business model isnt viable but I am talking valuation. Everyone is going to have good numbers. At 166 million shares when fully diluted....even a 50 cent divy is 83 million dollars. Puts it itno context on potential upside.
Comment by
raven16 on Nov 13, 2021 9:30pm
kavern23- So Why Are You Here If Your Not Invested In CJ ,I Can See From Your Posts Here That Your Critical Of CJ And Maybe Stay Over At Your Favorite Stock OBE And Leave Us To Ours,Mama Taught Me,If You Ain't Got Nothing Good To Say,Shut Your Mouth!!!
Comment by
kavern23 on Nov 13, 2021 10:16pm
It is a legit question? It wont go away if I am quiet. You not even getting much drilling for that 80M
Comment by
SchoolNmoe42 on Nov 14, 2021 10:19am
This post has been removed in accordance with Community Policy
Comment by
Albi1991 on Nov 14, 2021 10:32pm
https://ca.finance.yahoo.com/news/iiroc-trade-resumption-obe-120900241.html be careful from Obsidian Energy the company it may be under investigation
Comment by
divime1 on Nov 04, 2021 9:04pm
It's smart to pay off most of the debt first . With everyone on the climate change bandwagon getting financing in the future won't be easy . It's better to have a dividend that is sustainable than to pay one for a few months then need to cut it again . Anything can happen with the clowns in Ottawa and Washington .
Comment by
x-x-x on Nov 04, 2021 9:08pm
This post has been removed in accordance with Community Policy
Comment by
MrICE on Nov 04, 2021 9:15pm
I was expecting more. Don't get me wrong they have good numbers but just expected more.