GREY:LGVWF - Post by User
Post by
blondeBondon Dec 21, 2013 3:29pm
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Post# 22030439
Peter Hodson at 5iResearch
Peter Hodson at 5iResearchHe was recently asked what he thought of Longview after the div was reduced... here's his answer:
"We are actually a little surprised at Longview's dividend cut, as the last quarter was fairly decent, with cash flow and earnings rising nicely. The cut is 20%, which seems high but won't really change the debt situation (high) much. To us, it is looking a bit better as an income stock, with operational fundamentals improving."