OTCPK:JENGQ - Post by User
Comment by
netgenxon Jun 05, 2014 12:07pm
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Post# 22633597
RE:RE:Good news generally
RE:RE:Good news generallyjd43xl wrote: If you think this is good news, you are nuts.
Then I am nuts. "Personally, I'd like to see them drop the yield to 9%, which would still be decent and would bring P/O ratio under 100%." This is almost exactly the outcome I was hoping for. At $6, 9% would have meant .54. P/O is now 75%. My preference would have been for them to continue to pay monthly, but quarterly is less expensive and will probably reduce the stress level of shareholders who will hopefully watch the share price with less angst.