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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 7.030+2.5%Oct 31 9:30 AM EDT

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To: richardred who wrote (5858)2/20/2020 8:59:28 AM
From: E_K_S  Read Replies (1) of 7239
 
So the alternative was to use those proceeds to pay down debt. I heard an argument that spending this money from cash reserves, that the dividend was 'safe' but I would bet differently. However if the quality of earnings are better and they can obtain higher margins, to me that is better in the long term.

We shall see. My other takeaway is management is working for a solution to get Green Giant higher margins and growth. Wonder if they have some other tweaks they are working on.

EKS
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