OTCPK:JENGQ - Post by User
Comment by
99999goldon May 23, 2014 5:10pm
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Post# 22594195
RE:RE:Looking to add to my portfolio
RE:RE:Looking to add to my portfolioI get your points, my concerns is debt levels. Most companies that have reduce/eliminated debts that paid out dividends have all reduced or eliminated their dividends first. I looked at it and wanted some income however if I'm buying at 6.30-6.50 and there's a chance that dividends will get cut by 25% down to 9% as you stated then that would affect the valuation of the stock itself. I get what you're saying that it's still a growth company but it can't grow with a ton of debts sooner or later that has to be paid out.