Just out of interest27 Mar 2019 16:55
Nobody wanted to reply to this on KDNC, so I'm hoping someone in here might do. I sold out on KDNC and bought BCN so its just purely out of interest only........
Can someone explain to me how this company actually generates income? They are purely an investment company so will never have anything to sell other then shares.
Only way they can get income is form selling shares in the other companies they hold, but they are a one time only sell surely? Once they have sold their shares, they have gone. What next?
Or if they get to a stage where one of their holdings start to provide divii's, but is that likely anytime soon given the status of the companies they invest in. or do they have any agreements where they automatically get a certain percentage of a companies profit? even then, none of the companies they invest in are particularly close to producing revenue I dont believe?
Other option is the companies get bought out, but again thats a one time sell, what happens next?
I used to hold these but sold out a while ago and have no real interest in getting involved again so I am not trying to bash the company, just dont understand how they can continue to attract new investment themselves