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REA Profits sink!!
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the deal
#1 Posted : Tuesday, January 11, 2011 4:50:52 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
http://af.reuters.com/ar...s/idAFJOE70A09E20110111

It will be interesting to hear what AKS says in his blog!!!!
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youcan'tstopusnow
#2 Posted : Tuesday, January 11, 2011 5:12:12 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Seems they are aiming to appease investors by increasing dividends. But we knew the results would be dismal after the profit warning
GOD BLESS YOUR LIFE
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2012
#3 Posted : Tuesday, January 11, 2011 7:29:52 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Surprisingly the dividend is very generous. I think it will help to stabilise it.

BBI will solve it :)
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VituVingiSana
#4 Posted : Tuesday, January 11, 2011 11:58:27 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
If you deduct gains from the business combination & biological gains... we are down to a very low EPS...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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