GREY:VICUF - Post by User
Post by
Steelironmanon Oct 31, 2013 5:08pm
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Post# 21866689
Q3 results:
Q3 results:Expecting beter Q3 results. Canam Group who compete in the same sector just announced a pretty good Q3 and re-instated thier dividend. Vic hasn't earned the dividend in the first 2 Q's so they need some good earnings.
Vic stock pays a 5% divy and I think most people hold this for the divy.
I think the only way the stock can appreciate is to increase this divy. Can't see this happening for awhile.
Construction has picked up in the US so maybe 2014 will have better earnings.