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Frontier Communications Corporation Message Board

  • burnaka Feb 20, 2013 5:08 PM Flag

    good luck tomorrow and Friday.

    Hope they keep dividend, hope they beat on eps. They have not announced the dividend yet? The last time they announced the dividend the same day as earnings it did not work out too well. Anyone think they cut, or eliminate??? Any votes for a raise??? That would get a squeeze. I hope they raise it but is likely cut to .05 or gone.

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    • FTR has plently of cash so the dividend is not at risk at this time.

    • swp3 Feb 20, 2013 5:11 PM Flag

      Definitely no raise, probably miss on earnings as it tanked 10% in a week. I am praying for a met expectations. I averaged down and losing more money - way to go Maggie!

      • 1 Reply to swp3
      • burnaka Feb 20, 2013 5:29 PM Flag

        I am out of FTR right now as I mentioned. I have been saying for a while here to not divi reinvest here, which I did do for the last time Dec or Jan, 2011 or 2012. I bought all KRFT with all divi's and made out. I never get scared out of a stock by market swings, daily ups and downs. This company is in a segment that is a secular decline, land line. That is ok if they have the ammo to reinvent themselves. I gave them time to turn it around, I theink they failed. The last analyst CC said it all. They have no cash to buy the bolt on parts they need. No CLOUD, NO TV, except a small dish fee, They are in a fight with a bunch of heavy weights, with their arms tied behind their back. The good news is they have the cash to service debt, but only as long as the revenue holds steady. We find out in 24 hours.

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