NYSEAM:SIF - Post by User
Post by
leslie000on Mar 09, 2006 2:57pm
259 Views
Post# 10490359
I'm waiting Baudelaire for your responce
I'm waiting Baudelaire for your responce I'm waiting for Baudelaire and Delphi008 to respond to my last post on the Q3 results. Since 95% of the quarter's distributions were funded by increasing debt, they have some explaining to do, to justify their prior responses to my warnings.
This company should be perfectly able to predict their future cash flows, given the 5year contracts and Futures contracts to hedge them. Yet they increased the payout, even while they generated only 5% of the cash needed. Prettey stupid!
Since Delphi008 chooses to believe the 'experts' without doing his own homework, maybe he should report back what the 'experts' are saying now.