Banro Corp. fka BAA

[bullforever]

BAA is in its best finance condition now, it is time for us to chase the elephant!

Does any one analyze what does the recent dividend mean?

It tells us three things:

1, BAA free cash is building up heavily. We know that BAA management is very careful on free cash issue. They always choose postpone dividend if cash is constrained. They still postponed last September and this March dividends even after the Q1 earning release although they got the Chinese funding. However, they payed these two dividends now. It indicates BAA finance got a big improvement after the Q1 or after March 31.

2, The April gold production, income and free cash must be very strong which indicates we will have a beautiful Q2. Otherwise, the management will not pay all of the delayed dividends one time.

3, The management will not have any concern for the future BAA cash issue. That means BAA two mines are and will be at perfect producing condition from now on. Otherwise, they will not pay two delayed dividends one time.

In addition, the CEO buying BAA shares on open market, means he likes the April BAA production and finance status.