just for the newbie shorts.. They will see 42.5 cents/share debited to their accounts. haha That's a HUGE dividend. And, the stock price will rise into the x-date.
It is not a normal company from a financial standpoint. They are hoarding cash. They could easily TRIPLE the dividend.
Only RCA had good management.
Where is this Tim #$%$ guy? Can he talk?
and our children will say.. 'remember the last time we had a black president' ???? The economy DIED.
Have you read the financials and checked out the accounting firm? Do it.
it's actually pretty easy
False data, false financials, no audit... DOWN THE SHAFT!!!!
I know most of you don't understand that. But this is very, very cheap here.
IAG was at $23 a share in NOV 2011. And, sales, earnings and the divy were all LOWER!! Go figure. I have been following gold stocks for 50 years. Investors always get spooked when the price of gold falls. Then, it turns on a dime with an uptick. BUY LOW SELL HIGH.
75% of tangible book. $1 Billion in cash flow. 7:1 PE. Only 350M shares out and about.
Do what you may, but a 7:1 PE and a 3.5% dividend on a stock trading at 75% of book value is a steal.
eh... this kind of deal (steal) is usually pretty hard to find. Maybe the world economies are just so bad that no one can buy gold anymore? haha. It actually works the other way. The ones with the real money start hoarding it. q: Karl Marx 'Das Kapital'
Hey... now that's a real intelligent comment. Ever hear of BUY LOW, SELL HIGH? Probably not. Which lobe caught the hammer?
Look at the price of gold... Bernanke spit in its face. Investors will come to realize that all currencies are worthless.. As Karl Marx said ' that's when the hoarding begins ' ....
It will stop. And I am buying boat loads at this price. Try to find a gold stock trading at 75% of tangible book, 8:1 PE, over a BILLION in cash and essentially no debt with a 3.4% divy.... YOU CAN'T.
Put the bottle down. Free cash flow in 2012 was nearly $ 1 Billion positive... Put the bottle down. Cover.