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Bullboard - Stock Discussion Forum CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

TSX:CUS.DB.D - Post Discussion

CANEXUS CORP 6.5 PCT DEBS > man that is some heavy reading
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Post by uograd on Mar 13, 2014 8:23pm

man that is some heavy reading

From a quick glance, we knew everything bad already so that was no suprise.  Dividend survived and Q1 seems to relatively good because the oil patch has been busy and the weak dollar should help on the pricing frontier.

Overall, liquidity is not an issue because of the recent equity placement so debt is really not that big of a concern.

Should open over 5.00 would be my guess but will take awhile to get back to 7-8 bucks.
Comment by rgishere79 on Mar 13, 2014 8:27pm
Looks better then a lot of people were thinking. Will take a while to get the pay out ratio down. All and all looks like anyone that got in before this release should do well and enjoy a nice fat div. while waiting for the stock to recover.
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