TSX:IBG.DB.E - Post by User
Comment by
nkbourbakion Dec 03, 2015 8:58am
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Post# 24349753
RE:RE:RE:RE:RE:Rights Offering
RE:RE:RE:RE:RE:Rights OfferingCalgaryrider wrote: This will again be a $10+ dividend paying stock one day. Management has learned their lesson....and learned it well.
every single quarter from now on out will be an opportunity to build trust back up and let the numbers do the talking....As they already are.
in
just the last 3 weeks we've seen several insiders but in the $2.20 range......and we know the partnership is going to double down as well....following mid-December, this thing is only going up.
As usual, you're more optimistic than me --- but for both our sakes I hope I'm wrong. Remember that IBI grew mostly by acquisition, and that strategy is off the table for the forseeable future. To get to a $10 valuation you'd need incredible organic growth, IMO.
Just thought I'd comment on the dividend. In my experience with broken companies, once the dividend goes away it takes ages to come back, if ever. But in this case there is tremendous insider incentive to issue a dividend, so it may indeed happen within a reasonable timeframe. Still not for a long time, though. I think we're in for at least a few more years of deleveraging.