Comment by
steve957 on Jan 17, 2023 10:05am
should be over 10 dollars,,,CJ is making bank, Paying a 10 % dividend, soon to be debt free, and pouring money @ the NCIB,,,,where is all the oil going to come from in spring summer time, china is not on lock down this time around and the SPR is drained,,
Comment by
Moemoney42 on Jan 17, 2023 1:15pm
definately looks like the trend has changed.. the metrics and balance sheet do look good for CJ.. add time and voila a share price of ~$10 by mid year IMO..
Comment by
Coopsvw92 on Jan 17, 2023 1:23pm
Pouring money at the NCIB?
Comment by
TheWokeLemming on Jan 17, 2023 2:11pm
Possibly but I think they will wait until WTI breaks over 82 bucks before reinstating buybacks.
Comment by
Coopsvw92 on Jan 17, 2023 3:05pm
Pouring is a stretch. No shares were purchased under NCIB in December. Looks to me as they are going after the debt. Looking forward to the update in March.