CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

The week ahead...

[Kherson]

For those of you who are still invested in Canexus, here is what I believe you have to look forward to:
1) dividend is history
2) a number of resignations by the management and/or BOD
3) share price drops to about $1.25
4) major writedown of Blunderheim
5) class action lawsuits
6) solvency questions
Folks, the clowns running Canexus have no idea what they are doing. It's as simple as that...
Kherson

[cobrak]

Even if the stock price drops to $1.25 it will still dramatically outperform your portfolio Kherson... LOL

[iawym11]

This post has been removed in accordance with Community Policy

[Kherson]

I wonder how many of the above will indeed come true? I still think all six will! Kherson

[Stockvesting]

Kherson, From what I know so far: 1) its not history, will be 1 cent 2) A few people have left already 2 more annoucements in the next 3 months 3) Price will be around $1-$1.50 4) This will be shown in the q4 release tonight 5) MEG litigation is still on going 6) Not sure 7) There is a sale of one of their plants in Canada, annoucement in Q2

[Kherson]

MEG litigation is still on going? That is news to me... I remember Doug stating that a decision would be announced any day, back in January. As for people leaving, I think you know who I believe should be shown the door! Kherson

[Stockvesting]

I believe there's some claim for damages on the delays earlier in 2014 and from reading the previous posts, yes wait till Q2/Q3, I think you'll get your answers.  The company will have some troubles this year, but will definitely be stronger in 2016/2017.  Lots of bad decisions made in the past and you can't right the ship instantly.  

[Kherson]

This was posted on March 12th, 2015. I wonder why we haven't heard anymore about the MEG litigation? Kherson

[Kherson]