I do blame myself for my choice an can leave with it. I Love the company and believe in the long run but so frustrated with the attitude of the market towards this company and the management performance.
I am not a big fan of buyback, I prefer dividend since I can use them to buy more shares. Buyback only look good on the balance sheet.
I think I have the right to complain since I am long Su since 2005 with holding 16543 shares as of today. By the way smoke salmon is much better. I like my lobster blue or on the gril!
Yet the stock finished lower again when most of the large Canadian producers finish up! Managements need to stop the buy back program. It does not do anything to long term shareholders like me. All the cash flow should be return through dividend only.
The same one that complain they are poor and yet don't want to work and take risk! And lose 100% of there capital buying lottery ticket.
It would be nice to see the high of 2008 within 2 year. Management should stop the buyback program and give all cash to shareholder through dividend. This would be a + to long term shareholder.
SU.to now above my ACB of $38.76$. I took a picture of my screen. Sorry I am not going to sell. I have endure the pain to the low of 25$. I hope we get a floor in the 40$. This stock is so under love.
US based companies which are eager to provide the job needed will manufacture the pipes. Regardless the amount of job created over the long haul. One job will always be better than no job. American like Canadian wants jobs. Cheers
I don't see why they would have stop. They had 700M left before announcing an extra billion. I would have rather got more div and no buyback. SU has been dead money for long investors since 2009. Was only good to traders. CNQ,IMO and HSE are performing much better.
BNSF Railway plans to buy its own fleet of up to 5,000 new crude oil tank cars with safety features that exceed the latest standards adopted by the industry more than two years ago, the unit of investor Warren Buffett's Berkshire Hathaway said on Thursday.
The only good thing with train is that they use oil! Nebraska will lose more with no pipeline.
TRP should come up with plan that require train to bring oil to us. Forget about the pipeline. Time ti #$%$ off those idiot.
That what happen when you only have one customer as a country. Xl now clipper!