Post by
Suppe11 on Aug 31, 2022 7:04pm
Divi/valuation
I don't understand your talk about divis. Is it smart, to raise debt, for paying a dividend ? I think you agree, that this would be stupid. There's no difference...it's not smart to pay a Divi if you have debt.
The whole company is less risky in downturns without debt and they pay no interest then. It's not the missing divi, but the debt, what held this company back.
Comment by
Suppe11 on Sep 01, 2022 4:22pm
There's zero difference between having debt or raising debt and pay a Divi. I know, what other producers do...try to have a higher ROi on assets than interest on debt and in a cyclical low, they're hedged or toast. Why not carry a war chest ? The market will pay for it...the market will never pay for debt.