Post by
Cabarete1 on Jan 14, 2025 6:45am
Thinking about 2025 and NCIB
Been reviewing my CVE investment. Looks like over the next few years production should increase, investment funds should decrease, and with 100% return of free cash flow, they should be able to fully complete the share buyback program.
That is unless something crazy comes out of the woodwork - like Trump's tarrifs, oil price crash, or they go and make another aquisition.
Thoughts?
Comment by
cashtango00 on Jan 14, 2025 12:17pm
they aren't going to get anywhere close to completing their buyback program. it appears they are not buying back common shares now and are focusing on pref shares, of which there are tons of. DEC they bought back next to no common shares and did one issue of prefs. for 250m
Comment by
chahol61 on Jan 14, 2025 6:38pm
Lets hope.Made some good dollars 3 or 4 vyears ago, but lately its been a real dissapointment!
Comment by
Frank007 on Jan 14, 2025 8:55pm
My 2 cents ....we are on the cusp of 1929 ...I would give the chances of the juggle not dropping the ball about 6 month tops ...by then you had better be hunkered down for a long long long depression...far worse than the early 80s and probably worse than the Great Depression ...