Not sure what linkedin suggested but on bisalloys website current ceo will become new international ceo and a domestic ceo has been appointed. Appears very clearly a positive re their international businesses ,i guess we have to wait a couple of weeks. Hope there is more detail than what we already know,some mumbling about capital management would b nice. Its nice to know its not just greedy little investors like myself that want a cash return,the 3 or 4 major shareholders also do hence bis increased its payout ratio to 70%.But due to some clearly stated reasons that was reduced to 50% last div but hmm 'most if not all those 'clearly stated reasons' should have been resolved.? ps although new tariffs started 6/11/19 the effects probably wont flow thru until beginning 2020.
BIS Price at posting:
$1.10 Sentiment: Buy Disclosure: Held
