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Quiksilver Inc. Message Board

barry_obummer 4 posts  |  Last Activity: Jun 30, 2014 1:10 PM Member since: Jun 6, 2009
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  • barry_obummer by barry_obummer Jun 30, 2014 1:10 PM Flag

    Only held small position due to risk. They cut dividend 65% from quarterly .0425 to .015. I had a 11.2% gain. But when the news circulates re. divvy cut considering terrorism attacks that gov't. too incompetent to handle and theft losses (up to 30%)- no longer worth holding. Risk worth it for small position at 14+% divvy, but not for new 4.5% divvy. Maybe this cut is just temporary this quarter, but I saw no explanation for cut.

  • barry_obummer by barry_obummer Jun 29, 2014 6:25 PM Flag

    My net dividend was 1.122 per share.
    They deducted .028 for currency conversion. Last dividend they deducted .0262.
    Although the currency conversion fee increased, the dividend was increased by more.
    I am not complaining but I do dislike the fact that we are double charged for conversion fees:
    from US$ reporting to Norwegian per stock exchange requirements and than from Norwegian back to US$ for payment. It is for sure that in addition to the actual currency conversion calculation that the banks are also double charging us to do the math.

  • I do not understand why Adams did this deal. I know he is adverse to paying taxes, but this is too much.
    PR also says transaction to close in Q4 will be taxable to AUXL shareholders.

  • barry_obummer barry_obummer Jun 3, 2014 5:08 PM Flag

    Is there any basis for target of 11.90 shown on yahoo which would be up 208%
    Is anything anticipated that would cause that increase?

    What exactly is dividend?
    Yahoo shows 6.1% (.24) but I read somewhere else that divvy is 8.25% (.32).
    Did SID cut dividend or is yahoo wrong?
    I assume dividend pays one time per year, right?

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