"Plans to sell the whole of the company's $1.1 billion Centro America Fund would not be enough to save the company, the analyst said."
Wow really this guy is good, wish I had access to his analysis more often. And there I was thinking the Centro America Fund was worth 6X what it is. Silly me.
"It would be a marginal positive, but not enough to pay down the full debt," the analyst said."
No again this guys amazes me. Hmmm...So Mr Analyst what happened to the other billions of dollars of assets CNP has? No CNP plans to only sell the Centro America Fund and go under. These guys really are good...LOL.
Sorry guys but that is the biggest load of (can't say the rest due to HC rules). And they get payed for this first rate in depth analysis. I am in the wrong job getting paid for knowing nothing would be a hoot.
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
