Yes indeed and not to forget capital appreciation on top of that.
Quite a refreshing presentation from Ross and Team, unlike the yester years toxic culture under Adamson...
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In case you don't know who he is, then Home - Mark Adamson (markadamsonceo.com)
nice result.. quiet day on the markets need results like this to steady the great ship of NZ business.
Up 7% today …good start for the recovery back to 8 bucks
I can't get excited about cyclical companies where truck loads of executives are paid fabulously well for mediocre skills.
How thrilled should we be with today's result and share price considering the shares were over $10 in 2016 and more than $12 way back in 2007 ?
I suppose this time they will tell you they're going to grow profits on a sustainable basis going forward with new investment in XYZ plant...forgive me being a cynic, but haven't we heard the same things many time's before ?
I suppose the counter argument is every dog has its day but for how many days will this dog bask in the sunshine of the current cyclical tailwinds ?