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Agreed. Warren Buffet preaches using retained earnings to grow a...

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sultan mudo

16 Posts.

18/02/16

16:49

Post #: 17056532
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Originally posted by Roy2U ↑

The price drop is probably a response to a lower distribution payout ratio going forward to better fund the expansion of Main Event. It makes better sense to reinvest if you can get an EBITDA ROI of >35%, as they do, rather than give the money back to shareholders to try to do better. The distribution will not go down in actual dollars, but as a % of profit.

I am holding, as I expect the financial performance to improve next half on most of their businesses.

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Agreed. Warren Buffet preaches using retained earnings to grow a business rather than pay large dividends.

AAD Price at posting: $1.77 Sentiment: Buy Disclosure: Held
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0 Great analysis

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