Reincarnation, page-54

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dolcevita

12,466 Posts.

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13/04/18

15:06

Post #: 32440852
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Originally posted by kpax ↑

@buddy . You have asked a question of a humble mortal that only the Divine can answer. I suppose it depends on your age and risk profile. It is not up to me to postulate only to the younger generation. I am 60 i read and try and rationalise all answers to my risk profile. I think i am OK at looking at forward projections on Company earnings and summising their outcomes. I place maybe 30 hours solid research on every Company i invest in. I place minimum trades of 30 k . Even then i am holding back my reins.

The Dividend history of CMMC is zilch zippo...

I have been trading since CBA launched for $ 5.40 a share and most of the time since 1998 was the options market. Only since i am getting on have i diversified into the physical holding of stocks.

In your CTP post 31/3/18 10.04 am .You state if one makes a profit and huge debt = no dividends. My analogy goes on the antithesis of what you say. Big profits no debt equals dividends. Just speculating on their future Company strategy. I have only done 10 hours research on CMMC. So more consideration to come.Cheers mate.

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Everything depends on the Cu price. CMMC is heavily leveraged to the Cu price.

They're betting it will rise. And inevitably it will. If you look at the wider demand vs supply scenarios.

It's what they've used when making their decision to take over AOH. Nothing could be clearer IMO.

C6C Price at posting: $1.25 Sentiment: None Disclosure: Held
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Reincarnation, page-54

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