IMO - once we unequivocally demonstrate that we have (or will have) positive cashflow, then yes, an increased Dividend will be good. That said, a ‘humongous’ share buy back (to effectively burn the Shorters) is my preferred choice. GLA.
I'm more than happy to have an increased dividend, as long as it can be achieved within Quindell's very strict cash flow management regime.
As I have pointed out many times, QPP produce complex billing and accounting systems. Their cash flow forecasting will be second to none, which, I suppose is why the likes of Airtel, Celtel, EDF, E.ON, Scottish Power, Southern Electric and T-Mobile are all customers of QPP.
Accurate cash flow management is the key to their success, managing rapid growth with adequate cash flow. The company's detractors choose to focus on cash flow, but they choose to ignore the fact that cash flow can be increased overnight, SIMPLY by not expanding as quickly as they have chosen to do. Cash flow IS the reality of every business, but cash flow WITHOUT cash flow management can cover up a host of problems that only become apparent when trading conditions change. If conditions change WITHOUT cash flow management, then any company can find itself in real trouble. With Quindell's skill in managing cash flow, they can model revenue, receivables and cash conversion, spotting potential problems BEFORE they materialise.
I am so happy with the management of this company.
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