Post by
soundandfury on Aug 29, 2023 12:27am
Re: Actually moe
I seen this situation before..........cpg buys back 16 million shares for lets say $150 million....then the pay out lets call it $500 million in dividends over last two years..........so this is capital that they really did not need to spend.........now they sell ND assets to make up for thisvloss of capital from divi and share buyback ....and note i only included the buyback for 1 year not 2...............eventually they are selling assets just to pay the divi and fund all the share buy backs..........this is called capital cannabalism where they rob peter to pay paul...........cannabalizes its own assets until nothing is left.
Comment by
Moemoney42 on Aug 29, 2023 9:45am
ROTFLMAO... Ok S&F, obviously you're no accountant and again just pulling numbers out of your butt.. get real or get lost..! LOL..
Comment by
Moemoney42 on Aug 29, 2023 10:37am
This theory of yours is the stupidist thing I've ever heard.. LMAO.. do you know what FCF is..??? do you realize all those issues you dreamt up are paid for in FCF... do you know what Capex is..?? have you even got a clue how to run an oil company... OBVIOUSLY NOT..!!!!
Comment by
westcoastlogger on Aug 29, 2023 11:31am
Well you obviously dont. Your just the clown that sits in the corner and laughs at his own statements.