RE:RE:RE:RE:RE:Give me a break...I think you have that backwards wrong boy. You're the stooge. THEY, are captains of industry.
Yeah they have borrowed for the fibre buildout. That's expansion. It is also over.
Cap-ex is reduced and the payout ratio will drop just like interest rates have started to drop.
"clipping" $47 CAD and they haven't even announced a div yet so not even running up to ex-div yet.
Also a run up expected to the ER after that. 2 more rate cuts from the BOC expected this year.
What then?
GLTA
Eyetradestocks wrote: Yeah right...
Those stooges all do business with Mirko or alternatively have to nut hug a benchmark to save their own areas from criticism.
Your excuse is that you quite simply don't know how to read financial statements.
These guys are taking out loans to pay that beloved dividend.