RE: Takeover Target?31 Jul 2018 13:43
Poker,
I agree with you.....the divi is too much for a company facing cost pressures, intense competition and in a highly regulated sector. Divi looks huge due to SP plunge.......12p at say 300p is just 4% yield which is respectable and sustainable. A new owner would not need to pay any divi, all overpaid execs can be curled while managers can be reduced. Customer facing staff and engineers need extra love so that they don’t mess up every time in order to retain and attract new customers. All those savings along with asset sales can be used to be more competitive......we can also start tracking customers and sell their data too just like other companies do.......