CNP 0.00% 4.0¢ cnpr group

journalist face sack, page-24

  1. 3,298 Posts.
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    ikeeplosing,
    This thread was meant to be humuorous i.e. some payback!
    I am neither bitter or angry, I just want shareholders assets managed in their best interest not other peoples interest i.e. massive dilution of shareholders funds.
    Come September 30th CNP management & board of directors need to reach a certain benchmark set by creditors. At the moment, I personally believe this benchmark has not been met, yet it can & probably should have already been met.
    Management & in particular the board have a duty to give the current problems 100% attention & they must meet these benchmarks. Occasionally we need to think as bankers and ask the question are these guys really getting asset sales & improving their balance sheet or are they still in denial mode regarding method of asset sales & packaging of assets? The bankers don't want to have to do this job, they are expecting CNP to find the solution. Question, do you really think they have done enough if you were a banker?
    Regards
    Buffett
 
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