Post by
mnztr on Jul 01, 2021 6:46pm
resuming divvy
VET really needs to resume the divvy. I know they want to driect FCF at the debt but resuming the divvy does not necessarily mean the reduction of cash flow. They can offer a good drip with 5% and most share holders will opt for the drip. This way they get to offer a) a divvy b) gradually convert debt to equity c) increase the value of the stock.
Comment by
Tommy123 on Jul 01, 2021 7:11pm
This post has been removed in accordance with Community Policy
Comment by
geemonet on Jul 02, 2021 3:46pm
If you want a div payment so bad... sell your vet shares and buy one that pays a div...
Comment by
StonksGoUp on Jul 02, 2021 5:01pm
Sell covered calls if you want to generate cash. Kind of like a dividend. that's what I do. if you don't know what it is, do your darn research before doing options.
Comment by
geemonet on Jul 02, 2021 3:50pm
That's retarded. Why would they just print shares to make you happy??? They're a business not a government. You really think diluting their shares is going to make the price to up???
Comment by
mnztr on Jul 03, 2021 9:54pm
Yes it will because the shares are undervalued now for 2 reasons, lack of divvy and debt. The DRIP will allow them to gradually convert the debt to equity and will reward shareholders by giving them a) the option of income or b) an even higher divvy via cheap shares, which will also offset any dilution.
Comment by
Dragon1 on Jul 04, 2021 9:09am
Fully agree,it's like going backwards.Everyone does buyback with FCF,the only reason to issue shares is to get capital that will generate more revenue and you don't do it when the share price is low.