Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

TSX:HSE.PR.B - Post Discussion

View:
Post by Oasisjunior on Dec 10, 2020 5:30pm

BANK OF HUSKY

I was so excited earlier that I couldn't even type,,,, but really look at those numbers....... What bank but Bank Of Husky pays this kind of money. Wait til tomorrow for another rise! :) :) :)    and don't forget the dividend is coming.....
Comment by mrbb on Dec 10, 2020 5:59pm
i wonder how much LKS insiders are holding HSE preferred.  I can't fault them for extracting a good steady return from holding preferred shares while waiting out for oil sector to recover.  I can't fault them either for selling its control of husky now giving the anti West sentiment from ottawa.  Better to let someone else to absorb the headache of socialist agenda of canada ...more  
Comment by rad10 on Dec 11, 2020 11:37am
The preferreds were never risk free issues oasis.  Could have ended very differently.  Enjoy your rewards - richly deserved!
Comment by RagingBull3 on Dec 11, 2020 11:50am
With rates sitting at "effective lower bound"... the only real risk left to the Preferreds is Bankruptcy.  Given so little Preferred vs Commons (equity), even at Bankruptcy Preferreds would probably still get something, if not all of the $25. With Crazy Yield (CASH IN THE BANK), share price fluctuation risk is Low as there's no need to sell when you are getting crazy CASH in ...more  
Comment by Oasisjunior on Dec 11, 2020 12:26pm
A number of items that I can think of immediately is the price of crude,,,, should it have remained low in twenties that would have caused a real problem very quickly, secondly is the vaccine, and for those in the cheap seats Donald Trump. So now everyone has a story of doubling or a triple. For those that hold Husky we will have a story to tell.
Comment by RagingBull3 on Dec 11, 2020 12:36pm
Yes, Price of crude is a risk if it leads to bankruptcy, otherwise company will do just about everything before not paying the Preferreds.... As we have seen when Oil went NEGATIVE... Company Cutting just about everything except the Dividends to the Preferreds. Why is that.... it's because Preferreds have a CONTRACT.    All just my opinion.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities