Post by
4CommonSense on Jul 16, 2024 4:00pm
$0.50 dividend what a joke and completely in keeping ...
with what this clown show is capable of doing and has done in the past ---one FU after the next...Keevil wants to keep the cash so Teck can find another 'great' undertaking - whereas the possibility of success is NIL.
If you really believe the share price is going to go up you are a wacko --- 67% of the gross profit came from Coal! Do you honestly believe the QB and HVC will replace this? What planet are you on? As for aquisitions, the cost is so high for just about anything avaialble that there is nothing that Teck can do that will add much vlalue to the stock price. ....
The only hope for the shares to go up is a takeover offer and a takeover faces huge road blocks! Teck is and always will be a minor player in the metals world and the management of this dog is terrible and a detriment as well --- so forget an increase in the share price.
The current quarterly dividend of $0125 per quarter is a joke one of the lowest in the industry and clearly shows the compny is a dog! It's only going to get worse i.e. there is no plan or effective strategy for the future