OTCPK:JENGQ - Post by User
Comment by
teshon Jul 18, 2012 12:42am
474 Views
Post# 20124421
RE: RE: RE: recent news..gwplant
RE: RE: RE: recent news..gwplant I also like the quick response from JE (and I, too , have seen it before) plus their CFO is very responsive to calls/emails. My concern is that while confirming that the dividend is sustainable (and this may have a positive shortrun effect) they have not addressed the main points made by ARC (negative shareholders equity , excessive debt, payout ratio in excess of 200%). Until they do so I think that JE will remain undervalued and susceptible to this kind of volatility. I believe that they must find some way to explain in user friendly terms their negative shareholders equity and the rationale (i.e. why they feel it is appropriate) for their adjusted cash flow from operations.