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Re: BGS NewsJust my opinion off the cuff ...subject to error (!) So they are planing, maybe, to sell the weaker brands that are mediocre. So who would want to buy them?... unless they are put on sell at a very very low price. Why did they not do a better job with them in the first place? (2) They have arrange to increase the leverage ratio on the beginning inflation and their debt load is high already. That would put a lot of strain on keeping the dividend intact. (3) They sold 2,739,568 ... the best thing they can say is that they sold before the stock fell down...and the dilution for the long term stockholders can take that hit. Like so many politicians BGS is saying... "Trust Us, We Know What is Best For You." (Translation : caveat emptor ) These events in other times might be different, but in today's changing times has made the playing field filled with time bombs . Exciting ... yes? ***PinewoodsBear*** |
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Msg # | Subject | Author | Recs | Date Posted |
892 | Re: BGS News | E_K_S | 1 | 7/5/2022 9:35:46 AM |