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

TSX:HSE.PR.B - Post Discussion

Husky Energy Inc. cumulative redeemable preferred > "Anticipated annual run rate synergies of $1.2 billion"
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Post by RagingBull3 on Nov 22, 2020 6:54am

"Anticipated annual run rate synergies of $1.2 billion"

Saving in just one year would pay for the Preferreds easily I think.    Plus, companies can finance at lower costs than what the Preferreds are costing the company.  Husky just financed at 3.25% I think.   This is cheaper than what most of the Preferreds are costing.

Legal battle, which the company most likely going to lose, is going to cost them dearly.   I can see not only the company paying $25/share, but punitive damages and court costs, IMHO.  Not only this, for myself as a shareholder, I would trust the company LESS.....this probably would cost the company much much more down the road in terms of share price and additional capital investment or financing.

Company needs to set things right.  It's what's best for the companies, IMHO. 

All just my opinion.
Comment by RagingBull3 on Nov 22, 2020 11:16am
Hopefully the companies will come to their senses, honour the agreement, do what not only is their legal responsibility but in the long run probably what's best for the company, shareholders and all other parties..... before it comes to legal blows, in which the company will most likely lose.   All just my opinion.  $1.2 Billion in savings every year!!!    What's ...more  
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