EXPM:EGRGF - Post by User
Comment by
farcoon Oct 10, 2014 3:14pm
302 Views
Post# 23019785
RE:Farco....
RE:Farco....I can only be 100% agree in my turn with what you said. It's one of the reason, beside the valuation and DD I made on it, that made me to pull the trigger on this company.
Now they even slashing their debt and are looking for new assets. Of course the uncertainty is that and how it will affect the production. But until a news come we are well paid in accordance to the cost and the margin of safety EGL.UN provides.
"price driven down resulting with an increase in anual % Div. Yield. Companies pay a div. based"
Yes, and the name callers scream that the dividend isn't safe anymore afterward... That seems logical, but logic and the markets aren't in good terms...