got a letter today saying shareholders on record of December 30 2015 will receive this in 2016.. first by June and second by December.. should be getting the December 28 2015 payment soon.. anyone else elaborate?
come on yikes you know the BUSINESS.. they get issued NEW SHARES every year and the just sell them and issue more NEW ONES.. Raj is Good at this Game!!!
and a BIG 2 MILLION Salary to Boot.. this man really knows how to make money for himself.. it is just the shareholders for the past 4 years that we worry about
one this IS FOR SURE aco brasil.. THE POLICE are enforcing THE LAWS in Brasil and they are arresting the CORRUPTION.. someone BIG is behind this crackdown and you will see MAJOR CHANGES!!!!!
technical trading based on mathematical algorithms from major hedge funds.. a lot of selling pressure on other names such as AAPL CMG UA etc.. 2% GDP does not warrant the high multiples.. hope that helps?
and to think this year they #1 paid 25% of profits and #2 with a poor currency exchange rate you will get .15 cents u.s adding in this years july 8th payment.. so they made 2 payments totaling .15 meanwhile brasil is in its worse financial and political crisis since 1930.. you will be pleasantly surprised in 2 to 3 years!!!
what is the PROBABILITY of CIG trading $5.00+ over the next 5 years?.. what is the PROBABILITY of CIG paying $3.00+ in dividends over the next 10 years?.. those are my numbers and I think both will be obtained