pp, obviously everything is always a matter of hope but I certainly see this as a hold. In fact I'm asking myself today should I buy some more.
I glanced through some of the presentation this am and I can't really see too much to worry about.
They've got work, they've paid good divs in the past. So they are being conservative right now - that's a good thing. They might be paying themselves too much, where isn't this happening and worse. Their expenses might be higher than people like. They will work on that.
The sp has slid, so has it with a lot of good companies that aren't blue chips and even with some of them.
Ride it out and enjoy the upside when it comes.
BYL Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held
