Ann: Sirtex Declares a Dividend of 12 cents per s, page-2

re: Ann: Sirtex Declares a Dividend of 12 cen... Hmm... - good news, but IMO still too much being held in reserve. It does burn a hole eventually.

'At the same time as paying a higher dividend, Sirtex continues to re-invest heavily back into the business in order to realise our 2020Vision strategy.'

Generic BS words - can anyone explain in detail precisely what this is? What are the targets, how will they be measured and what exec options are based on the results?


'We expect that initial results should be available in 12 months’ time, with detailed results to be presented at a major North American scientific conference in January 2015.'

Expected and flagged a week or so back.


'In the period preceding the release of the results of our SIRFLOX study Sirtex will continue to grow, although as in the past there will be some fluctuation in the percentage growth rate of dose sales quarter on quarter. This was the case in the first quarter when we experienced subdued dose
sales growth. First quarter dose sales will be announced to the market during the first week of October, as is our usual practice'

Have to say this sounds like an attempt to soften the blow of well below dose sales numbers in a weeks time - will not be good IMO. Was hoping for 20%+, but may be well under this in the US, and IMO is the only game in town for the next 15 months.

Hope I'm wrong.