OTCPK:JENGQ - Post by User
Comment by
amugsgameon Dec 02, 2019 3:12pm
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Post# 30414309
RE:RE:RE:JE Suspends Pref Dividend and ups debt ratio
RE:RE:RE:JE Suspends Pref Dividend and ups debt ratiorico91 wrote: Who knows, maybe this is part of a looming deal. I found it very interesting that the divy cut was accompanied by a statement that the restructuring is not only "ongoing" but also "progressing ".
JE popped after the last earnings release. The cut of the divy to the prefs and increasd debt ratio shows they really haven't turned a corner - earnings may have looked good on paper but the reality may be a different story