Gear Energy Ltd T.GXE

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Enough Already

[masfortuna]

navajojoe wrote:

masfortuna wrote:

navajojoe wrote:

masfortuna wrote:

you keep changing your tune.  The argument was NOT whether using the surplus was sustainable. You keep moving the goalposts. 

My posts have been totally consistent. I said they couldn't afford the dividend at the prices I stated, which were in effect at the time. Borrowing money from their cash surplus to pay the dividend simply reflects the fact that they cannot afford to pay the dividend, which is supposed to be paid out of free cash flow, not surplus cash.

Any serious investor knows I am right, and you are a joke.
The reason no one wants to agree with me is that they want their dividends, and think that speaking up threatens that somehow. What is rare on these boards is actual honest posters, who will speak up when the stocks they own aren't doing as well as they hope. I do that, whether liars such as you like it or not.

Sounds good "except" that's not what you said. NOT BEING ABLE TO PAY THE DIVY A THESE PRICES is what you said. 

Again, you lie.

What I said:
"At today's oil price they aren't making enough to pay the dividend."

You have proven yourself to be nothing but a bald-faced liar, willing to say anything to fool others. But people can decide for themselves, listen to a liar, or consider what a real investor has to say. their choice. I am done with your lies.

And for good measure:

Me
a) Sounds good "except" that's not what you said. NOT BEING ABLE TO PAY THE DIVY A THESE PRICES is what you said. 

You
b) What I said:
"At today's oil price they aren't making enough to pay the dividend."

Both statements mean the same thing except you are too dumb to know that.
STAY IN SCHOOL KIDS!