I could use the dividend money. But I don't agree with paying out 30% of earnings in 2016 because that's simply not possible.
If they can present a balanced plan that entails dividends, buybacks, a 25% investment in the Mega Farm, a strengthening of the balance sheet, project financing for SJAP/Mega Farm etc. then I think it will do well with the investing community. But they may have to reduce their stake in PF2/FF2 to 50%. Unless they can get a really big loan.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.