OTCPK:VGIPF - Post by User
Comment by
tinman8on Apr 12, 2013 10:35am
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Post# 21246327
Reply to Airbuz -tapped out
Reply to Airbuz -tapped outAirbuz - I can emphasis with you. The lesson we can all learn from this is never be dazzled by the dividend of a company unless the financials show a margin of safety with say a 65% payout rather than near a 100%.That's why I wouldbe a buyer of rpl if they have the sense to cut the dividend by half. The dividend would then look sustainable, debt could be brought down and most iimportant there would be room for some significant recovery in the SP. J M H O of course>