WHAT’S UP DOC?Definitely not the share price of Africa Oak Island – AOI.
Doc, did you notice how quickly the share price stabilized once I suggested the sooner you three stop talking the sooner the share price will stop dropping.
Almost like magic once you stopped talking the share price stopped dropping.
All three of you were that bad and that poorly prepared.
Just like the most seasoned politicians, it was also easy to see just how controlled and hand picked the questions asked were and which ones were never going to be answered.
Shahin, nobody investors like myself expect to hear a specific timeline as to when the dividend will be increased and is not an unreasonable ask and quite frankly one that the company needs to address sooner than later.
Never forget you are accountable to all shareholders and this question will never go away until it is answered.
If you are buying back shares, certainly you can also increase the dividend as well – no????
And if not, why not???
Doubling it carte blanche may be unrealistic, but to build on for starters bumping it to six cents – paid quarterly is definitely not unrealistic or unreasonable.
For example, real companies with real leadership like Canadian Pacific have made it clear and signalled to the market long ago that buybacks ----------------- and dividend increases will start again when the debt target leverage of 2.5X is achieved at the end of 2024 or early 2025.
Last week I listened to Mr. Creel speak at the Citi Conference and the next day at the Barclay’s conference.
Then I watched and listened to the Not So Good Doctor’s elementary school presentation today and all I can say is night and day and yet again a stark reminder when it comes to leadership you get what you pay for.
Soft and creamy or tough and firm.
As for my piddly two point five cents – twice a year, I for one am thoroughly disgusted with this CEO and both of his overpaid wingmen, and his plain bland white soda cracker event.
Any CEO who is so weakly with absolutely zero charisma and presence addressing investors sitting down, staring at their laptop with their head down while they are speaking is something else to behold.
Doc, at the end of the call you mentioned just how cold it was in the room.
I can assure you the feeling you were having was the icy cold reception investors institutional and retail alike were giving you and the share price with each second your lips moved.
Shahin - please ensure the Not So Good Doctor, yourself, and the rest of the overpaid underperforming Africa Oak Island team gets this nobody investor’s message loud and clear.
GLTA.