RE:RE:RE:Politics aside...You mean you hope it goes down instead of up? LOL Yeah, that would be nice.
That being said, I understand that a lot of VET's debt is longterm and could be locked-in in what is now considered attractive rates and I would not be in too much of a hurry to pay that down.
GLTY and all longs
stockmarket1 wrote: Looking forward to Nov earnings report. I'm hoping it will be more upbeat than last in terms of debt.
Quintessential1 wrote: Lift-off will be achieved when istitutional investors buy in because they like the numbers.
Balance sheet (debt reduction combined with revenue growth aka lowering debt ratio)
Shareholder returns via increasing dividends and buy backs
Longterm securityand stability (high reserves and monthly payouts to smooth the volatility)
The optimum dividend number will depend on cash flow and debt reduction.
The more the debt is lowered the more cash can be payed out to shareholders.
Given rising interest rates any outstanding revolving credit should be eliminated and longterm guaranteed debt should be planned to be paid off as it matures.
After that is taken care of the obvious dividend.target should be the previous cut one of $2,88 per year or $.28 per month for a yield of 7.5% at $38,40 CAD per share.
Variable credit debt first.
GLTA Longs
prested wrote: What's it gonna take to get lift-off here and how do we achieve that? I think the simplest thing would be an increase in dividend! For those math geniuses out there, is there a formula one could use that would measure the increase in dividend and determine the consequent rise in SP? Thought not!