SRNA is taking over the cannabis space with latest indoor growing technology. New price target on the cards now, surely?
Dividend Doctrine of Investors Liberation Movement
Dividends can and should be paid ONLY when the company has nil debt,
its business outlook is satisfactory, it has "surplus" cash defined as money it
can't productively use in its business, and its stock price is too high to
appropriately repurchase (meaning without making the remaining shares
less valuable fundamentally). Any dividend declaration in violation of these
four conditions is ipso facto NOT in the best interest of shareholders.
If a dividend is paid, it should be done annually to save expense, occur when
the company's cash hoard is most abundant, and timed in a manner to
minimize the tax consequence to shareholders.
REITs generally should not pay distributions exceeding the legally required
minimum of 90% of taxable income following the same timing principles.
Dividents are now being declared by many public companies whose shares are held
by intermediary institutions on behalf of their unsophisticated holders for completely
illegitimate reasons that the unsophisticated holders would never approve if they were
aware of the damaging effects. That's why the First Iron Rule for independent investors
and the slogan of Investors Liberation Movement is "Never buy mutual funds!"
Someday, I hope that I.L.M. can approve mutual funds operated according to
our doctrines because I realize that many ordinary people can't spend the time
to personally manage their investments.
/s/ William H. Brandt, Acting Chair
Wow! Relentless! CNBC plays your annoying commercial so much that I no longer flip channels.....I jsut turn off the TV for a few minutes ! I wonder HOW MANY OTHERS hate your tard commercials!? LMAO! Oh well, it's your business and you can "reef" your ship whenever and however you choose too!
LMAO! You mean that WAS the worst! Today we have the guy waking up and going through his day with 4 investment advisors surrounding him, all taking at once etc.
Okay invesco, the meaning is clear....but the commercial sends people to a different channel LIKE NOW! LOL!
I seriously have to wonder who heads up your marketing department and more specifically, who your ad agency is..........I mean these harrassment like approaches to "getting the word out" are a real nuisance approach. WAIT....let me guess.....your marketing guru is a former political ad campaign spud!????
Nuisance commercials are counter-productive.
Hey Invesco, having worked for one of the fund groups you ultimately absorbed, don't worry, I won't admit it to anyone.....but I have to ask......who is the Marketing Milleniell Idiot that approved the commercial with four brokers verbally stepping on one another while apparently trying to advise an investor?
Somehow the message I have EXTRACTED from this commercial is INVESCO = ANNOYING.
Not to worry, I just turn off the TV, or the sound, or just flip channel.............of course I am probably the only one who does so........I mean otherwise, you wouldn't be accomplishing anything with this ad! Right? LMAO!
SERIOUSLY? This AD walked through the vetting process? Who is your marketing firm?
Here's a better idea.....if you STOPPED putting this crud on TV, you could probably lower your management fees and make your clients even more money!
Nahhhhhh......what purpose would that serve?