Post by
rad10 on Jan 31, 2018 10:04am
Predictions Q4 and year end. Lets have some fun.............
Mid March last year we had the billion dollar plus write down. It was the new sheriffs - kitchen sink financials. This even silenced Hulot for a fraction of a nanosecond.
There is no "done deal" regarding recapitalisation, and the unsecureds are now in default.
Personally - I am amazed they made it beyond US Thanksgiving.
So what is the consensus on this illustrious source of wisdom? - the stockhouse CXR BB.
Predictions for:
(1) remaining cash on hand
(2) debt to EBIDTA ratio
(3) further writedowns.
The grand prize - some worthless warrants in exchange for your current shares sometime in Q3 of 2018 and a tax writeoff if you are lucky enough to be in a non registered vehicle......................
Consolation prize - CCAA
Gentlemen - place your bets..............
Comment by
MrHulot on Jan 31, 2018 2:25pm
Why should anyone bet with you? You never pay off your wagers
Comment by
rad10 on Jan 31, 2018 4:05pm
Lmfao - how are the negotiations with the bond holders working out for ya ? Don't be hating...
Comment by
Northerencents on Jan 31, 2018 9:52pm
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Comment by
rad10 on Feb 01, 2018 10:50am
northeren - you have been an outstanding contributor to this board. Appreciate your insights when making my bets..................
Comment by
Northerencents on Feb 01, 2018 12:06pm
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Comment by
Northerencents on Feb 01, 2018 12:10pm
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Comment by
Northerencents on Feb 01, 2018 12:11pm
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