I certainly hope so – I picked up as much as I could at about $2.60 a couple of days ago. The underwritten dividend for this period and the next was too attractive to miss out on.
Also, I think their debt is not a killer because their media businesses have great cashflow.
It has a huge ROE probably because of its debt, but net operating cashflow and interest coverage are high.
I hope I’m not missing something. I read a bit about earnings risk on this forum – but need to research how to assess that.
So far it looks like a good introduction to the stock markets for me.
Be the first to comment