Post by
barneyj44 on Nov 03, 2014 3:08pm
Would be nice if Andrews and Co. would give
an updater like Surge has before we head sub $3.00 , not impressed with the silence in Calgary.....
Comment by
madmax1970 on Nov 03, 2014 3:10pm
depressing...soon it will be worth nothing
Comment by
aaaaaargh on Nov 03, 2014 3:23pm
an update should be coming this week or next with their annual report. Ps, surge is also down over 3% today last time that I looked.
Comment by
madmax1970 on Nov 03, 2014 3:30pm
I am not a sophisticted investor and you guys seem to know alot. can the price go south and up in flames?
Comment by
JohnJBond on Nov 03, 2014 3:54pm
Surge is a company that could go under. LRE is a company that could get taken over!
Comment by
barneyj44 on Nov 03, 2014 4:47pm
I sure hope so John, the silence is reading.
Comment by
JohnJBond on Nov 03, 2014 9:35pm
They will make an announcement on Wed or Thurs when their earnings come out. If correct that they are going to sell some non-core assets (and you have to assume they acquired some non-core assets recently), then that will resolve any outstanding cap ex vs dividend continuation issues vs debt/equity issues. I'm starting to wonder if a take over offer is in process.
Comment by
barneyj44 on Nov 03, 2014 10:31pm
I would think our $1.5 billion in tax pools would look very attractive to any potential suitors, hurry up and wait....
Comment by
barneyj44 on Nov 03, 2014 3:44pm
granted surge is down today as well but overall this year there down roughly 30 percent where as we are slightly over 50 percent .