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Strategies & Market Trends : Dividend investing for retirement

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To: E_K_S who wrote (28850)3/6/2018 11:42:18 AM
From: geoffrey Wren  Read Replies (2) of 34328
 
Re: TIS. The mistake I make all too often is to assume that a management team is halfway honest and competent.

There is something wrong with TIS. I wonder if their prior situation (decent earnings, decent dividend) was sustainable, or a bit of a mirage that they created. In other words, could they just have kept going like that? Or did they suck in investors with that juicy dividend?

I think maybe it was unsustainable and they knew it, which is why they went with the new capacity build.

At any rate, I am guessing the whole thing was looked at almost entirely on a finance basis (spread sheets galore) by finance guys, and that really no one there knew much about the new machine and how to get it up and running and sell its product. They needed a better engineer.
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