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OS growth the key, page-9

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Gillysrooms

10,459 Posts.

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17/02/15

00:11

Post #: 14765814
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Originally posted by pods ↑

I believe management prefer investing for growth, re dividends, but are aware that paying dividends can attract a more sophisticated or different type of investor.

I'd prefer not to see dividends until NPAT grows to at least 5 million. So a few years hopefully. You don't want all your profit soaked up by dividends, especially in this market, both of which are emerging and MBE is a pioneer. If you start putting money into dividends, your looking after your investors more than your business. Look after the business and you hit two birds with one stone.

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Will be interesting to see how the brokers will be advising on MBE and up to which price?

MBE Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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OS growth the key, page-9

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