Outlook some opinions please
they are maxed on lines etc so not much flexability on balance sheet to handle large variances on expenses. My opinion is their Point Of Sales system development and implementation has cost more (significantly) than originally planned for. The slight reduction in revenue is not what whacked the dividend, its the expense line.
So looking forward once they get the POS paid for, will they be in a position to again increase dividend (but maybe not fully) or will they learn and pay down more of the debt?
Dividend would increase price, but the debt repayment is the prudent thing to do.
Opinions please?