OTCPK:JENGQ - Post by User
Comment by
pierrelebelon Dec 19, 2019 11:22am
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Post# 30472680
RE:Prefs hammered - down 41%
RE:Prefs hammered - down 41%
Warren Buffett : "buy them when nobody wants them"
So I have been buying the preferred shares in the last few days, slightly under US$10.
Eventually (it may take a year or two) the cumulative dividend will be re-instated and arrears paid.
Yield is over 20% on a "if ever paid" basis.