BOT probably walked because of bad loans in Japan........Japan is getting to be a real basket case with a nonperformance of loans approaching 18% in some industries. The two largest construction firms in Japan are asking for outright forgiveness of loans to avoid bankrupcy.
I think NHI has become very informative with the Q and A sessions and the frank discussions of their financial needs. Much better than most companies. I also think they are doing the right thing by tackling the debt first and then paying dividends later. I just don't think they have control of the situation to the extent that success is assured.
I hope I can get back in at a reasoable price should the tide turn their way again.