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  1. #741
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    Quote Originally Posted by tim23 View Post
    I reread the company statement rejecting the takeover confident dividend next year but earlier would see a nice bump in share price.
    There are two statements...during the takeover bid...one dated 9th March 2017 which reads that he may start paying dividends from July 2017 and the directors one reads about paying from 2018... whom to believe??

    https://www.nzx.com/files/attachments/254613.pdf

    https://www.nzx.com/files/attachments/255342.pdf

  2. #742
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    Quote Originally Posted by carrom74 View Post
    There are two statements...during the takeover bid...one dated 9th March 2017 which reads that he may start paying dividends from July 2017 and the directors one reads about paying from 2018... whom to believe??

    https://www.nzx.com/files/attachments/254613.pdf

    https://www.nzx.com/files/attachments/255342.pdf
    If in doubt stay out!

  3. #743
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    Too pessimistic remember pre Farmside paid 20c dividend

  4. #744
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by tim23 View Post
    Too pessimistic remember pre Farmside paid 20c dividend
    Sure - but times and technology are changing. There was a time as well that inns could make good money with feeding and swapping horses ... does not mean that horse and cart are the money makers of today .

    Every additional cellphone tower set up somewhere further reduces TTK's business case. They tried with Farmside to gain entry into today's communication world but flopped due to lack of critical mass (and probably as well due to bad management). However - selling their entry ticket does not make them profitable or future proof.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  5. #745
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    Fair point but the profit projections should support a decent dividend maybe not 20c but 10c at least

  6. #746
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    After the one-off sale to Vodafone they're a dead man walking.

    Far better to have sold off to Spark.

  7. #747
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    Maybe but they made more $ prior to Farmside that never earned a dollar for them

  8. #748
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    Anyone noticing a nice little lift this year - latest 87c

  9. #749
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    Something is definitely going on but no one is saying

  10. #750
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    Looks interesting up again today...

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