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L & L Energy, Inc. Message Board

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  • wheelbarrowme wheelbarrowme Oct 24, 2010 12:45 AM Flag

    Chinese Know Nothing About Dividends

    Let me make this clear, so you and the company understand about dividends: when smart individuals and mutual funds invest in emerging markets and companies, we want 'rent' on our money while waiting for a crap shoot. The price of 'rent' ibid, a dividend, goes up with inflation. Right now 3-4% would be fair rent for exhange rate risk, plus market risk, plus company risk. A dividend can vary from quarter to quarter and proves to investors that insiders are not ripping off the public company, like Enron was. China is real dicey moral character country.

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    • I can understand your feelings and concerns. I believe the when it comes to money no one can be trusted. That's why we have auditors, laws and courts who punish violators. With LLEN you have the added assurance that the management is here in the US. If they commit fraud they can be thrown in jail here in the US. Also, keep in mind that Norman Mineta is on the board. If you want to know more about management and directors go to google finance. They also have a well respected accounting firm.

 
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