Getting in., page-12

hi ck,here is my maths,based on 29.20 wow pays 4.7% or 6.7% FF based on last 2 div payments ,its pay out ratio is less than the banks,imo it faces less head winds than the banks.At the end of the day masters can be fixed just like private equity fixed dick smith.The message being this time management goes first before masters is sold off to PE because masters can be fixed.
I'm not getting involved in financial report specifics as per bsome previous posts as the co is to big and complex and few accountants could understand them eg asset values etc and those few would have to know wow finiancials very well.For me i can only go by my opinion of the business model,management guidance and whether i believe management.
just my opinion and lol i still believe its good buying.
,i would add but i'm watching a couple of other stocks.