There cannot be a record profit figure announced this week or next because ZIPs report will be Activities only, recording sales and whatever else it chooses to reveal. It has said through brokers that it's sales are up in the US and it's arrears are controlled - that is good. The underlying expenses are the difference between profit or loss and they will be revealed in the fully constructed half yearly financials, to be published in February.
CS was asked about dividends and she said that an announcement would be made later in the year, but capital management of the company to assure growth would be the first priority. Given that the company has no excess capital, there is no possibility of a dividend. If it raises capital as it could need to, then it would not take any out to pay a dividend, that would be truly bizarre. As it is not willing to raise, nor borrow, and CS Options and Bonuses are long off, you could speculate that the company will aim to be taken over.
Add to My Watchlist
What is My Watchlist?