OTCPK:STZHF - Post by User
Post by
donmayneon Aug 15, 2018 10:58am
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Post# 28464582
Interesting twist on Q2
Interesting twist on Q2STLC had a tremendous Q2 but then used up their earnings to buy down future commitments to their pension obligations. Then, they announced a special dividend and said they might repeat special dividends in future quarters until an M&A opportunity arises.
These actions caused STLC to record a Q2 loss instead of what was slated to be a stellar profit. This leaves STLC's potential still under the radar. STLC continues to have the uncertainty of tariffs.
Buying opportunities should be available until mid-Oct when it might rally in anticipation of Q3.
Deferred pleasure.