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Non-Tech : Income Investing
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To: Elroy who wrote (51684)10/11/2024 4:11:06 PM
From: Privately2 Recommendations

Recommended By
brehm233
KEN2CWL

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"Business as usual" is what led them to suspend all their dividends in 2020(?). It looks like they had to suspend (despite their EBITDA) because they were about to default on about $2.5 billion in debt.

Lots of things were going on (covid, etc.), but they stayed suspended for three years...

I understand what you are saying, but "coulds" and "Likely""s don't give me a feeling of safety (i.e. not a SWAN investment).

Point being it might be an OK speculative play, but, once again, that is not what income investing (the topic of this board) is about.
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