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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Suma who wrote (22788)	12/20/2005 8:39:38 AM
From: bruwin	Respond to of 78745

RHA :- This stock seems to be called "Rhodia SA (RHA)" at Yahoo and "Rhodia ADS" at another financial web site I frequent. Strangely, only Yahoo reports a dividend payout of 43c/share while the other site shows no dividend. But what is even more puzzling is the fact that, according to RHA’s Quarterly Financial Statement, published on the 16 Dec. 2005, this company is Technically Insolvent (Total Liabilities = $7,365mil. and Total Assets = $6,576mil. according to Yahoo). In addition to that :- a) It has reported a Bottom line LOSS for the last 4 Annual Results in a row b) It has reported a Bottom Line LOSS for the last 4 Quarterly Results in a row. Taking these aspects into account, it seems very strange that a company, which is Insolvent and has been losing money on a regular basis, should be paying its Ordinary Shareholders what one assumes is an Ordinary Dividend. Maybe Yahoo have got their "facts" wrong.