Based on the article, the company has 22 cent per share so it does not have enough cash to pay 40 cent capital reduction plus 18 cent dividend unless it borrows more. But how easily can the company raise more debt if the operation is loss-making for the recent quarters? I am confused.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hpcp
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Posted by hpcp > 2017-01-19 07:46 | Report Abuse
Ricky Wong's counter is a no no