RE:TomorrowSargeX wrote: It should be interesting on the stock price tomorrow. PPL had warned that they would be writiing down the plastics plant. I like the idea of doing all the write-downs at once and get them off the books.
These writedowns don't affect cash flow and it was good to see adjusted cash flow per share stay the same as Q4 2019.
I would think that the writedowns were already factored in and with the NCIB, that the share price will actually close higher tomorrow.
It doesn't really matter to me as I'm a dividend income investor but it should be interesting to see.
Ciao
Sarge
Shut up Sarge.. go help your wife.. she is doing tricks to help you with your drug addiction.