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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 Husky4000 on Oct 25, 2020 7:44pm

Price prediction

What is your take for tomorrow?  
I think the market will like the synergy and CVE could go from 4.82 to let's say 5.50$. 
In that scenario HSE will be: (5.50x0.7845)=4.31.
I see preferreds popping 1-2$ across the classes.
I'm happy with warrants too, could be a free lunch within 5 years
What is your opinion?
Comment by oilandgasmick on Oct 25, 2020 11:05pm
I think the market will probably be neutral in the short term although we will probably see a bit of a bump up in the common shares tomorrow. The markets as a whole are not really interested in heavy oil and of course the "misperception" that HSE is an oil sands company won't help much either. Of course they are not an oil sands company but the WOKE crowd still despises them no ...more  
Comment by oilandgasmick on Oct 25, 2020 11:07pm
Correction--previous post should have read East Coast off shore oil, not gas.
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