SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (38453)7/7/2010 12:52:49 AM
From: Spekulatius  Read Replies (1) of 78743
 
re BLX - I understand that the dividend reduction (from 0.88$ to 0.6$) is a negative but compared to other banks they still look like champs. They had only one quarterly loss (Q4 2008) never had substantial credit losses, never diluted they shareholders and substantially reduced their leverage( it seems that the balance sheet shrunk by 30% relative to peak values,and they still do pay a dividend.

The South American owners seem to have done a better job looking after the minority shareholders than the management of most US banks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext