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Avon Products Inc. Message Board

  • swank818 swank818 Oct 25, 2012 8:05 AM Flag

    Mark this post...Divvy will be suspended or drastically cut very shortly!!

    They need to go to the debt markets and in order to get the best possible ratings from the agencies they will be forced to cut or suspend the dividend. Buy PUTS

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    • Old news swanker. CFO in last cc said it was going to be rationailzed. Basically she said dividend will be cut. Market knows this already. Probably by 50-60% at least.

      • 1 Reply to grinderepos
      • That's the first step in trying to fix this company IMO. The company can actually spend the retained earnings on improving operations. Now if Sherri can get the lawsuits resolved. The company can retain more cash (legal costs) and stop the bleeding even more. The dividend was nice, but I'd much rather have stock appreciation. You have to fix the company to do that. I don't think Fred Hassan will make another mistake twice. He would support selling the company first, this time around.

        Kernen to:Mr. BUFFETT: But we don't own any Schering, that's why you see these
        tears coming down my face.

        Mr. BUFFETT: Well, every deal does tend to brew another deal, I mean.

        Sentiment: Hold

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