I have long been a fan of JMS, but trying to spruik their dividends is like putting lipstick on a pig.
They had to get pretty creative to show the dividends pointing up and to the right!
Share price has been ordinary for the past 4 years and the dividends have fallen through the floor. The dividend is 25% of what it was 4 years ago and there is a clear downward trend.
I'm hoping this will be a turn-around story - it certainly can't be a celebration of the past 4 years performance.
Ann: Africa Down Under Presentation, page-3
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