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

To: FIFO_kid2 who wrote (75662)	5/21/2024 12:21:20 PM
From: Harshu Vyas	Respond to of 78958

FWIW, I bought shares of OPG. Got out of most positions. OPG is crazy cheap and regarding the dividend: One of the OPG’s paramount objectives is to maximise stakeholders’ long-term value. Keeping in mind, the disruptions and uncertainty caused by the extraordinary volatility in coal prices and related freight, the management, in consonance with the Board believes that it is in the best interests of the Group and its stakeholders to conserve cash. The cash thus accumulated will be used to maintain a strong and resilient balance sheet to withstand turbulent times. Therefore, the Board decided not to declare a dividend for FY 23. The Board will revisit the Group’s dividend policy in due course. I also bought some TTEC. Seems AI will kill the CX industry and that's why the stock is down. Not really true and Wall St are overreacting. Now at about 1.5x 2023 FY EBITDA. I'm reading and listening to some basic tax laws (never thought I'd say that lol) since TTEC is an international business and repatriation has a large impact. John Malone's an expert on this sort of stuff. (OT: Will have to read his book at some point.) OT - is anyone familiar with exactly how companies like Apple orchestrated their buybacks/dividends in the last decade given that most of their cash is held offshore? Surely, the tax leakage would be insane?