RE: 2014/2015 revisited19 May 2018 10:05
offerman
That�s a fair point about the importance of the right management. LLL�s argument that CERP is LGO in disguise depends to some extent on the fact that CERP�s main producing asset is still Goudron and that Goudron is not a straightforward asset. He does though tend to gloss over the operational and financial competence that LK has demonstrated to bring Goudron under control. LK has also demonstrated a refreshing respect for shareholder value - his predecessor would dilute you as soon as look at you. That more enlightened approach to shareholder value should stand LTHs in good stead over time.
I don�t know what onceatrader�s deal was but he certainly did have some influence. It eventually became clear though that his much vaunted �research� was neither critical nor objective and that, albeit in some detail, he was simply talking his book. I only posted on here towards the end of his Pied Piper routine but it was an interesting experience. He would keep it relatively polite but he had a pack of acolytes who would rip into anyone who questioned his divinity.
Onceatrader and his minions have long departed and LK�s approach to news management is increasingly discouraging the traders, so this is a better BB these days. Good luck with your investment - just don�t put too many eggs in any one basket and remember that macro factors (oil price and/or world economy, T&T politics etc.) can frustrate even someone with all the competencies and values that LK has demonstrated. Nevertheless, I certainly intend to join you in here before the end of Q3, depending on how other things work out.
Off topic: J99MES - be afraid. Be very afraid.
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