OTCPK:PALDF - Post by User
Post by
crow27on Aug 15, 2019 11:05am
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Post# 30031641
Pretty Solid Company
Pretty Solid CompanyAt present PDL looks pretty solid. When you have ZERO debt and are rolling in the cash and are able to pay a dividend and then on top of that start paying a special dividend you have to shake your head and wonder why this stock is not hitting highs.
Pd is holding up very,very well in that $1,440.00 range and we know July was in that $1,540.00 range.
Anything above $1,200.00 is a huge bonus and with all in costs on the decrease that number can be lowered another $200.00 and they still make all kinds of money.
We know the world demand for Pd is not slowing down as there may be less cars being produced but the Pd content in every car is increasing.
You are getting very good value at this present SP.
Buy a little more and collect those dividends is all I can say. Why would you even consider a company with debt, a shaky dividend if they even pay one and making zero cash flow?
Lets not forget the expansion that is ahead of schedule and all paid for with cash on hand that will increase production even more in a PD market that is in a deficit!!
PDL looks pretty solid to me.