GREY:SGLRF - Post by User
Post by
sanityseekeron Dec 17, 2014 11:28pm
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Post# 23242912
Dividend
DividendSGL with its leveraged balance sheet is In a precarious situation if current energy pricing environment persists. The situations is that much worse for managements reckless choose to rack up extra debt to avoid cutting absurdly high dividend yield several quarters ago. If weak pricing persists, no one will deserve to suffer the destruction of capital and value more than those who were staunchly opposed on this board to a dividend cut in favor of funding the actual running of the business. Now would be a great time to read old posts making speculative but definitive calls on the wonderful performance this company was going to have as energy prices perpetually, and reflect on how silly such speculation sounds once contradicted by reality.