AJA 0.00% $7.23 astro japan property group

Ann: Preliminary Update on Property Revaluations , page-31

  1. 164 Posts.
    re: Ann: Preliminary Update on Property Reval... thumbs up morley. I believe that EL (and likely other mgt members) hold a significant number of shares in AJA, I doubt they'd have an incentive to reduce the dividend payment. I am comfortable that their interests are in-line with mine (as they also are shareholders to a significant degree).

    As they have also retained some earnings, rather than pay out 100%, I **assume** that cash will be put to any emergency use in relation of concerns in managing debt, or possibly expanding and taking advantage of the opportunities presenting themselves.

    Thumbs up also for snowfree2 where I also back the concern about income being a concern. I also will be waiting for the figures, but even so, I am accummulating at these levels as AJA still has my confidence for the long haul.

 
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