Post by
Sukhi19 on May 01, 2016 9:43pm
SP
Lowest this company has hit in 13 years is $6.65.
It is very hard to have a base price of $7 unless you count the profits and diviidends to calculate the base price.
This comany should not have gone lower than $11 but it got hit because of the confusion over JC and fears about pay out ratio.
I bought this company because I was willing to take a 30-50% dividend cut.
The SP may retreat if that happens but it will recover strongly if TA SP is an indication.
This company is much better than TA.
Comparasions may be across sect boundries but management decisions and the circumstances may be similar as P/O Ratio, Debt and some other factors may be similar.