RE:RE:RE:RE:RE:One yr from now 15 plus!!jimgeorge wrote: Nice to hear from you Johnny! I agree wholeheartedly that companies need to do what they say they will do...but I have always heard WCP say they will continue to do acquisitions while increasing shareholder returns. You can argue they overpaid for this property, or that commodity prices may fall, but I don't think you can say the deal contradicts their previous guidance. Can you show me where they said they wouldn't do any more acquisitions? And for those people complaining about the dividend increase being too small, show me where they promised a divy increase larger than 22%. I think WCP delivered on their promises...
you're right. They have mentioned potential m&a. When they mentioned that on the last Q release I commented on this board I didn't like the idea. And they've mentioned increasing shareholder returns which they did. But they've also mentioned debt targets and they just added a pile of it. It could work out very well for them but I'll watch from the sidelines.