Gordon Gekko wrote:VituVingiSana wrote:Bonus? Unlikely but KK has shown NOCK dust!
I beg to differ for 2 reasons:
1. They need to conserve cash for the expansion currently underway
2. Their paid up capital is 73M against shareholder funds of 11.4B.
How does a bonus have anything to do with (1)? They may give a dividend but no need for a bonus... Anyway, a bonus is merely dividing the cake in smaller pieces!
On (2) So what? KK will not give a huge bonus! BTW, the paid-up capital is an irrelevant figure in this day & age! Many countries have done away with it for all practical purposes... What is important is 'Shareholder Funds'...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett