RE:Right now on BNN
maplak wrote: Proposing/sugesting 25% cut to dividend. Savings would pay off USA expansion over 3 years. Obviously not expecting dividend growth. If implemented the growth expectation for 2025 estimated at 10 % . He said all the bullshit is already blended in share price . I guess not much downside if dividend cut announced rather appreciation on expectation on future growth. Something like that.
Also he said he is expecting dividend cut in 2026 not next year . Mentioned a lot of cut backs,restructuring happening right now. It looks like they want to wait and see what savings come out after that plus what comes from US expansion. He said difficult to evaluate at this point. I think if they do better than expected they may not cut the dividend just freeze.
Just buy the stock and go hydrate. It's Christmas. I think lately this bs market is running our lives. Booze is cheap Trudeaudick gave us nice discount. Don't worry our kids will pick up the tab.