no dividend but company wants to get debt to zero by next year , company does not seem to realise :
1) a dividend gives a return on a shareholders investment and shows the company has the best interests of shareholders at heart ,
2) a little debt is not bad as it leverages the return on equity
I wonder if the board would like to work for nothing in the same way shareholders are getting no dividends for the money they have in this company ?
Sad to see statutory profit around 1/3 of the previous year
At least the company has some forward looking strategies , hopefully the company can improve profit margins going forward .
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