CP u said stop stressing,then go on to say 'don't worry about NAS it is not really that good a business'?
But thats the business penn's ambition for tls is ie NAS. and play school murud,and clearly to inject more capital into.I saw the way he got all excited about his global technology partners,well to get that excited u must show where u r going to cash in on those partnerships.Penn seemed to get more excited about uber and netflix growth but even he said tls was not cashing in on that growth.
tls must diversify not rely on high risk NAS/murud .
A ceo with half a brain would have cut div to minimum .28 cents giving tls a chance to get back over $5.
I suspect the institutions will b all over penn to explain this report,they unlike us retail investors can apply pressure and imo this is serious enough for many insto's to act.
What happened to his comments suggesting tls is in a strong capital position,then 6 months later cuts div by 30%,seriously not good management and worse no reason.
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