GREY:TBTEF - Post by User
Comment by
ocean112on Dec 09, 2014 9:54am
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Post# 23209953
RE:RE:RE:Declines are our biggest problem
RE:RE:RE:Declines are our biggest problemI think management needs to come out in the next few weeks and definitively outline 2015 plans including CAPEX and divy. If they can show 50% cut CAPEX allows payout ratio under 100% and debt/cash flow at under 2.5, that should go a long way to reassure the markets. For now, the dividend has already been approved through march 2015.