2Mes
No more dividend aristocrat.... Many funds and ETFs have to sell
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@TimoBrod So do you advise pushing them off or holding your position?
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2Mes
@Paladium I took a look at them 6-7 months ago and the results were disastrous. For me personally, the company would be nothing. You have to find out for yourself whether it fits your profile.
The questions you should ask yourself are your investment case still intact?
Can the company achieve a sustainable trend reversal?
I think the dividend cut makes a lot of sense, but it should have happened two years ago when I looked at the company. The dividend was partly financed by debt back then.
I would have to see if there was a management change and if they want to improve their balance sheet now, if so then I would hold. Otherwise I would sell them. What has fallen 50% can fall another 50%
The questions you should ask yourself are your investment case still intact?
Can the company achieve a sustainable trend reversal?
I think the dividend cut makes a lot of sense, but it should have happened two years ago when I looked at the company. The dividend was partly financed by debt back then.
I would have to see if there was a management change and if they want to improve their balance sheet now, if so then I would hold. Otherwise I would sell them. What has fallen 50% can fall another 50%
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@TimoBrod Nope, I've been in it a bit longer.
Just wanted to find out if it still makes sense to sit it out.
Just wanted to find out if it still makes sense to sit it out.
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