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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 > Fabulous News...Now will MEG move?...
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Post by a1broker1 on Sep 08, 2014 9:09pm

Fabulous News...Now will MEG move?...

Tonight's news re the tie-in is absolutely fabulous news. The court ruling has placed Canexus in the sweet spot. Now, if MEG truly wants NATO for itself, or just to garner long term profits from this valuable asset, it might just have to pony up to buy this asset or attempt to buy a controlling interest. In view of the bad blood most likely created by these current events, MEG is more likely to bid for the entire NATO asset rather than be in bed with Canexus. Even more likely is a chemical based company buys all of Canexus, then sells off Nato. OR... An oil and gas based company buys all of Canexus, then sells off the chemical assets. Either way, the worst is finally behind us as Canexus investors. Worst case scenario, investors possess a cash flowing machine issuing secure dividends. Best case scenario, Canexus is taken over at a nice premium to current share price. Actually, the worst case scenario above, may ultimately be a better option for shareholders who just want a great yielding vehicle to provide steady long term income at a great rate of return and at a tax preferred basis. Canexus investors, sleep easy tonight, if you need to average down, best to do it first thing in the morning, prior to the upgrades and the stock appreciation. Nawar did his homework, Kherson had a hidden agenda. The facts (and the court) have set the record straight. Now watch, as the vultures circle the company, should be fun.
Comment by kolokoy on Sep 08, 2014 9:37pm
lets start @ $10 tommorow
Comment by Kherson on Sep 08, 2014 9:43pm
"Kherson had a hidden agenda"? So tell me what exactly it was? My agenda has been far from being hidden my friend, I want those who are responsible for this mess to be fired. I have stated many times, I believe that the company has great assets, but poor management. Having said that, I am not including Wonnacott in that bag... Kherson
Comment by ferret_ca on Sep 08, 2014 10:08pm
Kubera was the main cancer in cus management from what i have seen, he is gone. i believe the guy originally in charge of nato left the company 1/2 way thru the project, not sure if he left on his own or was fired, regardless it left them in a mess. kherson keeps calling for the cfo's head, lol. he's not the guy responsible for the cost overruns etc. I truly believe kubera would have ...more  
Comment by ocean112 on Sep 08, 2014 11:09pm
well - i'd like to say I feel vindicated! - I ended up buying 100K shares at $4.55 average cost!!  Sometimes you just have to go with your own conviction and forget the noise!
Comment by jd43xl on Sep 08, 2014 11:18pm
Sure ya did, fckin liar. If you are that wealthy, what are you doing posting on this stupid site?
Comment by roscoe74 on Sep 09, 2014 9:22pm
ocean, angry, bitter losers cannot comprehend half million dollar stock purchases. It is a freudian slip that reveals their true position. 
Comment by ocean112 on Sep 10, 2014 9:34am
Hi Roscoe - I wasn't aware - i've "ignored" a good number on this site - the ones that remain provide useful information and reports that I don't have access to (btw - thanks to the person who posted the RBC report).
Comment by Kherson on Jan 10, 2015 8:34pm
Yes it did seem fabulous on September 9th! Now just when did Ocean112 sell those shares? He seems to be a Man of Mystery...LOL... Kherson
Comment by Kherson on Jan 26, 2015 12:44pm
Ocean112 posted this on September 8th, 2014. There is no post by him stating that he sold any of these shares... Kherson
Comment by Kherson on Apr 29, 2015 10:26pm
Comment by Kherson on Jan 29, 2015 5:41pm
Well folks, my eyes have now been opened as to how one makes money in the Stockmarket, you hold a long position and short the stock all at the same time... According to the self appointed Stock guru Ocean112, he shorted 10000 shares today and made $600 bucks, 10000 @ 6 cents each, $1.35 down to $1.29. Smart feller... But he omitted to include his losses today on his long position. Since he has 100 ...more  
Comment by ocean112 on Jan 29, 2015 6:01pm
Ahhh Kherson - it's been fun trading barbs with you as an exception - but as a rule - I must put you back on ignore.  I think the fellow members of your Grade 8 investment club would be a better fit for you than trying to talk with adults.  I do wish you all the success as you enter high school and decide your future as an investor.  Perhaps you might benefit from a business ...more  
Comment by trufflepig on Jan 30, 2015 12:58am
mgmt drop the ball on this nightmare,either sell nato,scrap the div or do both!Preferably droping the div in order to sell nato another day,would suffice for me.
Comment by Howard007Hughes on Jan 29, 2015 6:56pm
This post has been removed in accordance with Community Policy
Comment by Kherson on Feb 01, 2015 9:12am
Vindicated... Kherson
Comment by iawym11 on Feb 01, 2015 11:04am
This post has been removed in accordance with Community Policy
Comment by Jackroy on Feb 02, 2015 10:44am
I think we all have a stock in our portfolio that has lost its feathers. Kherson negativity on this stock has been correct, but I think it is time to re-look at the fundamentals of the stock at this level and see if it is worth earnings
Comment by Kherson on Feb 10, 2015 11:46pm
Comment by Kherson on Mar 16, 2015 9:05pm
Ocean112 has now left the building and even the clown Nawar sold long ago... Kherson
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