RE:RE:RE:RE:Nukester's Conundrum: NCIB Vs. Debt Vs. Kasking-RiskBarstoolSage wrote: Definitely hope so Malx....and I did appreciate the analysis...
Like you I think they do need to be able to put themselves in a position to sustain it
You bet.
Glad to share.
Keep in mind, the regions of operation for GH tend to have a more robust patron with higher earnings and lower debt levels.
Go back in time. The overhang of US shale production flooding the market has been cleared.
$80-100 oil is back, even during a recession.
Commodity prices a tailwind now.
So I'm very optimistic despite Canada's economic backdrop.
Really looks like execs have decided to focus on debt in preparation for Dividend increase.
Timing is interesting too. We may get the good news before or at next AGM.
Ideally we land at an 80% payout ratio.
That could and would take us to $0.06/mo from today's $0.03/mo.
Things change, and recession could last quite a long time if we face higher fuel prices, higher taxes and 10-20% declines in RE values.
Nobody likes to spend if their house is -$200,000 over a 24mo period.
I'm hurrying up and waiting, like Kasking suggested.
He knows.