TSX:TECK.A - Post by User
Post by
4CommonSenseon Feb 24, 2024 12:30pm
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Post# 35897205
Hearfrom someone other than ....
Hearfrom someone other than .... | "New major risk - Revenue and earnings growth |
| Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. .... If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company:Major Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (16% net profit margin)" The stupidity of selling the coal assets and 75% of gross profit has not even kicked in yet and things are already heading towards the toilet - if this is a surprize then then you haven't been following the posts
The teck dividend is so small it is irrelvant -- if the clown show cut the dividend it won't save them much cash - or -- for that matter have much impact on the share price...
Like the great helmsman stated -- we need to get on with doing things? and just what is things given the lack of cash flow, profits etc. - this turkey is done |