Post by
sergio2go on Jan 18, 2024 12:28pm
New CEO comments
From my point of view, it looks like that new CEO have a more down to earth vision for the shareholders. That dividend cut was expected by all but on the other hand the yield remains attractive and the payout ratio is more reasonable. At the same time, that CEO remains commited to improve the numbers on the one hand and maintainig the dividend for the long term. My only concern is regarding is view for hedging, view that was not well established in is comments on BNN this morning. Overall, i remain confident on this stock for the long term.