RE:RE:RE:RE:RE:Are we expecting a pullback soon?You correct in you observation that their is always risk in the equity markets, but how many companies pay our 678 million dollars in dividends in a year? need I say more. They have way more balance sheet flexibility then any company could hope to have and so they face little risk because of their cash generating ability. Skipping one dividend payment one quater would shore up the balance sheet with another 170 million. It is stupid in my opinion to be paying interst on all that money for all that time. We may not agree but that is my opiinion.
Also my opinion is that the ratings around the stock are dismal and lack confidence in the organizaion and the management. Like I said the management only have to do two jobs at Cos Manage the distributions to the shareholders, manage the investment community in terms of the potential and performance of the assets. In my opinion they have not done well on either front.
Regardless of the management with COS you have an opportunity to invest in a corporation that has reserves that rival some countries, and working plants that will eventually only improve in terms of efficiency and productivity...