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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil and natural gas in the provinces of Alberta, British Columbia and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > 🚩✂️✂️ Market is sniffing out of a dividend cut coming ✂️🚩
View:
Post by Dollars4Pennies on Feb 05, 2024 2:05pm

🚩✂️✂️ Market is sniffing out of a dividend cut coming ✂️🚩

CJ.t has been down at least the dividend or more the last 4 days. The market is sniffing out an upcoming dividend cut. 

BIR.t just cut their dividend. This one is next.
Comment by loopsbutterfly on Feb 05, 2024 2:11pm
lol the dividend is safe down to $65 and we are at $73 at the the of writing for wti Birchliff dividend was unsubstainable with a payout of more than 100% on other purpose than moderators for the other thread
Comment by Galou10 on Feb 05, 2024 2:14pm
Birchcliff down about 4.5% or .20 cents today alone after their divi cut so please explain your thesis on Cardinal being down 8 cents and attributting it to a divi cut.
Comment by loopsbutterfly on Feb 05, 2024 2:20pm
lol further more he was talking about a new $4.50 target for cj without a broker presentation to release about that..... just hot air but it is illegal too the managenent stated many tmes throught investors presentation than the dividend is safe at current WTI level no prove about his statement or warning...just too bad here
Comment by Dollars4Pennies on Feb 05, 2024 2:21pm
CJ.t is down over 40 cents over the last 4 cents. A cut is coming.
Comment by Dollars4Pennies on Feb 05, 2024 3:14pm
^ CJ.t is down over 40 cents over the last 4 days. A cut is coming.
Comment by loopsbutterfly on Feb 05, 2024 7:06pm
lol it went as low as $5.75 last month with no dividend cut.... it is all about wti and as I stated many times the dividend is safe down to $65
Comment by loopsbutterfly on Feb 12, 2024 5:32pm
news is out.....no dividend cut alias LOOPSBUTTERFLY was right on it !!!!! $4,50 target was a real joke here.... last trade $6,35  and blue sky
Comment by lnggasfor202324 on Feb 12, 2024 5:37pm
They also locked in the price for thne contracter for the SAGD project.  I find it very compelling to bring all this heavy and medium oil on stream to catch the Trans Mountain Pipeline completion.  I'm exspecting the differential to narrow substantially from here on.
Comment by loopsbutterfly on Feb 12, 2024 5:40pm
yes  Ingasfor.....BINGO !!!
Comment by loopsbutterfly on Feb 18, 2024 4:28pm
What'up about that statement and the $4,50 target?
Comment by Pottsy on Feb 18, 2024 5:55pm
Hey Loops, what is up with you. This forum is for serious investors that hold CJ.  Stop buddy, meaningful only please.   P
Comment by lnggasfor202324 on Feb 18, 2024 8:52pm
This post has been removed in accordance with Community Policy
Comment by loopsbutterfly on Feb 18, 2024 9:47pm
lol I hold 50 000 shares and you? I think that I cannot be more explicite
Comment by loopsbutterfly on Feb 18, 2024 9:50pm
then for the $4,50 target you should ask it to Dollars4Pennies and the same about the dividend cut he is the men behing that information sorry not me
Comment by loopsbutterfly on Feb 18, 2024 9:52pm
he is the men behind that information not me
Comment by Quintessential1 on Feb 19, 2024 9:32am
No worries Pottsy...I doubt he even owns the original 2900 "big chunk" of shares he was originally crowing about.  He doesn't even know the 2024 TFSA contribution limit.  If I was his broker I would have to fire myself. GLTY and all
Comment by loopsbutterfly on Feb 19, 2024 4:22pm
lol 2024 limit is $7 000 and total cumulative limit is $95 000 up to date as December 31,2024 it is sad that you sold out your big position(5 000 shares for a mere $6,28) thanks for a part of them...I got 2 100 of your shares at $6,28) bringing my holding to 50 000 shares I can buy  more shares on weakness depending of market condition hold long and prosper happy trading !!!
Comment by Quintessential1 on Feb 19, 2024 8:22pm
(201) ••• Comment by loopsbutterfly on Feb 18, 2024 12:45am lol I am not a newbie   TFSA limit=$88 000 for now (201) ••• Comment by loopsbutterflyon Feb 18, 2024 12:54am 36 Views  Post# 35886393 RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE ...more  
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