SPK 1.26% $2.82 spark new zealand limited

SP dropping below $4.00 hurts, page-119

  1. 153 Posts.
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    I might be wrong, but I am prone to believe they might keep payout raio >100% (div/FCF) to please investors/market, even if they have to slightly increase debt.

    In my opinion, a dividend payout cut would hurt the confidence in management and SP (see what happened with the SP once they advised a miss in the guidance).
 
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