Homepage
PR Newswire
15-04-2024, 11:00 PM
(This post was last modified: 15-04-2024, 11:03 PM by specuvestor.)
Yes don't have so many 10 years to play with tycoons that don't care about OPMI. And this one is much more than 10 years with little dividend
My memory of Isetan is one that forfeited one of the most Section 44 Franked credits because paying dividends will incur a lot more tax for the holdco in Japan. Despite all the protests from minorities during AGM and many other companies demonstrating issuing dividends and raising rights to replace the cash outflow.
My personal lesson is that I don't hope on such companies and won't "Aiwan" if it doubles or triples thereafter. Ditto for the other end of the spectrum ie non fundamental ramp stocks
My memory of Isetan is one that forfeited one of the most Section 44 Franked credits because paying dividends will incur a lot more tax for the holdco in Japan. Despite all the protests from minorities during AGM and many other companies demonstrating issuing dividends and raising rights to replace the cash outflow.
My personal lesson is that I don't hope on such companies and won't "Aiwan" if it doubles or triples thereafter. Ditto for the other end of the spectrum ie non fundamental ramp stocks
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)