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08/02/07
15:27
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I don't look at div's
I only look at eps
eps comes to you in the form of either a capital gain or a dividend.
22 cents EPS is the figure Huntley put on the company
part of that will come to you as a divi the rest will go back in to the company to buy assets and grow the company
the end result is that the business will grow and your shares will be repriced accordingly and you will get a capital gain
The issue then is whether you think the company can grow the business or not.
That is the $64 million question.
I made a bet today that it can and that this is an over reaction
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