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20/05/17
12:45
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Originally posted by Brian3644
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Everone has different opinions on what constitutes value. It was me who bought most of rattle's shares yesterday. Time will tell if I should thank him or not.
To add my two cents worth. I prefer stocks with a dividend, but not at the expense of growth. I don't believe a dividend at approximately 10% of forcast earnings is excessive.
Although i am not concerned on a personal level whether the proposed dividend goes ahead, After the delays in settlement of the indue deal which i believe hurt the companies reputation of delivering on promises, the company needs to follow through on the dividend to help restore that reputation.
Afterthat i would prefer the money spent on share buybacks to reduce the no. Of shares issued.
Other things that influence my decisions, apart from the obvious financials are integrity of management and regular honest comunication. On both these items STL gets a tick.
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Fair points Brian. The dividend is not likely to drive share price upwards and I daresay you may be right in that it may be good to re-establish a walk the talk approach. I also agree on the share buy back option, even if after a dividend.