SHV, page-13

The forecast is by ONE analyst. The predictions go out to 2018.

The entire PREDICTION's key points circle EPS and DPS.

EPS to a great extent is based on weather, California's and here: for +TWO YEARS from now. The other major constituent of EPS is almond pricing. Almonds are a commodity whose global demand is steadily INCREASING.

DPS is in part a function of EPS. The FORECASTS are for DPS to be less than half of a predicted EPS. Would the BOD savage themselves and their shareholders to that predicted extent?

bigal36 kindly informs us that SHV's two year pattern for releasing Q$ falls on 25/26. This is always key, guidance will tell the tale of the tape. SHV is a commodity play, as such the strategy now is to either hold or buy. The wrinkle with this is that SHV is also a 54% franked dividend stock.

Shorts peaked on 3 June at 8.67%, as of four days ago shorts were 3.12%. The latest six month dividend was paid on 30 September 2016. Six months hence is 30 March, while the six month forward record date is 5 March. Shorts not wishing to pay the SHV dividend must exit.

OV