Post by
Kherson on Jan 10, 2015 8:59am
Ocean112
I do have to laugh when I read your posts. Your last one was a gem, bringing my name up in it. There has been no doubt in my mind before and now again you just re-enforced it that you are either a member of Canexus's management team or closely connected to them...
I guess the truth really hurts when it is exposed just how high the payout ratios are and more importantly, that some of the management team have been selling their shares.
Any way you slice it now, Canexus is stuck with the liability Blunderheim$$. We all know that Blunderheim$$ will never produce the free cash flow that it was touted to be able to produce. The best that Canexus shareholders can expect to see for 2014's 4th quarter results is 8 cents a share of distributable cash, but the latest dividend is 10 cents, so again Canexus will have a payout ratio above 100%, unless they cut the dividend...
Kherson
Comment by
ronniejames on Jan 10, 2015 9:04am
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