yemen is the best asset psa has to make a profit in the future. So why is so much capital allocated to other assets. Sell all other non core yemen assets and pay off all debt and return capital to shareholders if there is any left, stop the cash bleed as psa wages are huge. But we have one problem and the chairmain needs to win the lotto every year at the cost to shareholders. I wrote a email to mps today who holds a large parcel of shares for their clients, just expressing my frustration because they are the only ones that can influence the misdirection of capital at psa.
PSA Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
