PKoli wrote:VituVingiSana wrote:Bralirwa does not need to expand [at the moment] in Rwanda so can pay out 100% of EPS... OR the profits/cash for 2011 looks very, very good already!
@VVS,
Is that prudent financial management for a company? I thought they need to have some reserves, should there be a deal, they have some equity to contribute as opposed to going for 100% debt.
1) Reserves for what?
2) By the time the dividend is paid the firm will have made plenty of cash in 2011!
3) What deal? Chances are if they need cash, they can get it from the parent Heneiken
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett