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

Q4 Results

[Stockvesting]

Interesting day for Canexus tomorrow.

If they cut the dividend, report poor quarter/yearly earnings and indicate no sale on NATO, we'll see mid 1's.  The company has some strong assets and will need to go back to their bread and butter (chemical business).

I don't see this stock as a buy until later in the year.

[Jackroy]

I don't see that. There is no sale - that is for sure. I see a dividend cut (hopefully just a small cut - 25%) as prudent management. They are not getting rewarded for the dividend so why have it. I predict the chem business to rock (although they have hedged a lot of the US dollar debt, etc.)

[sharksfin]

This post has been removed in accordance with Community Policy

[Stockvesting]

"Thank You" for being my first reply :)

[ocean112]

I never thought i'd see current prices - but limit buys are kicking in nicely.  To say current prices are irrational is an understatement and I will reiterate - the selling is coming from one or two sellers who are intentionally pushing this stock down despite strong buying interest (we're at 600,000+ shares already by mid day today). Secondly - there is a good chance that Q4 will be

[Kherson]

Ocean112, are you ever in for a surprise. The good thing is that come Friday, we won't be hearing from you any longer... Increased demand for toilet paper? Have you been drinking again Ocean112? Me thinks toilet paper usage is kinda stable no matter what the consumers disposable income is! The only folks increasing their usage of toilet paper will be the present shareholders of

[HarryHenry]

This post has been removed in accordance with Community Policy

[Kherson]

[pierrelebel]

"Me thinks toilet paper usage is kinda stable no matter what the consumers disposable income is!"  Actually this is incorrect.  When times are good and folks have a few more dollars to spend, they switch from double to triple ply, resulting in increased use of toilet paper! :-)

[Kherson]

Too be completely honest, I did not know that, but it actually does make alot of sense... Kherson

[Kherson]

Posted March 12th. Kherson

[Jackroy]

Agree with everything said. Dividend cut to a reasonable amount is prudent

[Kherson]

Ocean112 states that he is going long on March 11th... Kherson

[Kherson]