Post by
zforzebra on Dec 29, 2023 10:45am
Don't understand finances of this company.
How can it be losing money and then paying such a consistent dividend? Also, for a company that is supposedly losing money, it has very little debt.
I can't tell. Is all that EPS losses attributed to depreciation or goodwill writedown?
Comment by
zforzebra on Jan 03, 2024 1:28pm
I think part of the reason it has a decent balance sheet is share dilution in the past 3-4 years. Recently, it has been share buyback though. I think business is interesting. I think EV motor transition away from rare earth is not certain and if true, there will continue to be need for rare earth anyway.