Canadian Helicopters Group Inc T.CHL.A

RE: Time to add?

[itsalie]

I emailed the company a couple of days ago asking what was up and if they were planning on upping the dividend.. below is there response

 

 

There has been no change in the business not already publicly disclosed.

 

I expect that it is likely due to concern over the global resource market along with the expiry of the 1 Afghanistan contract perhaps.

 

Canadian Helicopters is a smaller cap company on the TSX and thus sometimes subject to greater volatility than the broader market.

 

While the company has a conservative debt load relative to its size, it is our intent to use our cash and debt facilities to grow the business. We do not intend to increase the dividend at this time.

 

Thank you for your interest in Canadian Helicopters.

 

Best Regards,

 

Don Wall

President and CEO

Canadian Helicopters Limited

 

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