RE:RE:Manipulators are running out of negative material Management is very confident in the dividend.
Cash flow at current dividend level supports debt repayment and capital expenditures. No cut needed.
This business is very cash flow predictable, so no need to make adjustments.
Heading into Q4-Q1 is the money making season which will contribute most to debt repayment as cash flow comes in.
EBITDA growth is healthy. RNG distribution is growing at incredible speed.
I like cash flow machines not reliant on commodity prices.
Rocet98 wrote: There debt levels are the white elephant in the room.
Im long Spb
They over extended themselves with this last acquisition.
And it will take time to play out!
They need interst ratesto drop hard and fast.
I herd if if the cut divy down to 0.12 per quarter saves them $110,000 million.
Could they have cut some 'fat' couple days ago absolutely!
I mean top fat cats getting 'plush' share bonus and wages!
This is definitely a turn around story!
I still believe does another ' bought deal' not a buy out! By Brookfield!
But time will tell!
glta