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Bullboard - Stock Discussion Forum Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

TSX:HSE.PR.B - Post Discussion

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Post by cathychoo on Mar 29, 2019 11:17am

Low Share Price

I'm certainly not an expert on HSE, but after trading/investing in HSE shares for many years now, I would say that one of the major reasons this stock is trading so low is due to repeated inept management.  There is a serious credibility problem with the current and former senior management.  Having repeated screw-ups in the last few years certainly hasn't helped.
Comment by bullmrkt89 on Mar 29, 2019 11:24am
So what do we do???
Comment by oilandgasmick on Mar 29, 2019 8:33pm
It's a good question but here are some of my thoughts on the matter: -Some of the selling in the last few days was probably institutional to book the loss for the quarter and then buy back in next month. -There's a holding pattern on virtually all Canadian energy stocks while we wait for the provincial election. If it's 4 more years of the NDP then the situation will go from bad to ...more  
Comment by bullmrkt89 on Mar 29, 2019 8:49pm
I agrrr with most of that. The balance sheet is nearly the same as when the stock was $23 except oil was 70$ ish and now it’s 60. I thought with them backing out of the meg deal that was a positive but guess the market didn’t care. The management is also the same as when it was $23. $13 is a 5 year low so I’m definitely not selling 1 single share at this price. 
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