OTCPK:TNGZF - Post by User
Post by
Kisuon Dec 11, 2015 10:05am
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Post# 24376297
Campbells Comment re the Dividend
Campbells Comment re the DividendWe need to give management some credit that they will not increase the dividend beyond what they know they can pay. Campbell (who would like you think he knows more than management) has been consistently dogging the company by emphasizing the rare occasions that the odd investment has not worked out and he has not mentioned how the company has recovered much of any losses. He likes to talk up Decisive Dividend which he is on the board of directors. DE trades at 5 times the price of GRC and has trailing losses of 4 cents a share and an annual dividend of $0.66 Cdn. I wonder if they can cover their dividend going fwd given that the company sells wood stoves etc. Pretty obvious that he does not highly recommend GRC simply because he does not own the stock.