RE:RE:food networkthe dividend has evaporated into thin air, This one was targeted by the so called "good dividend" If you go back in the history of this stock, the dividend has slowly eroded away over the years together with declining stock price.
The directors have engineered this one to have the dividend as the attraction and yet with increasing revenues and together with more debt has eroded the dividend payout.
Normally with a growth company that takes on assets, the increasing debt should increase the bottom line but not with this one, that tells me the investments these directors have done with this company is a dud and more "dud on your shoe" as should have produce a better performance.
It is too bad the shareholders dont have the vote to get these characters and bufoons and baboons turfed out on to the streets as they are nothing but bums that rake in big bucks for their poor performance.
recommendation AVOID until management shake up happens
target lowered to
$1.30 i
n line with their competitors in the industry
On target every time with a BULLSEYE and too management this is your morning greeting (!) and take a close look at what it means