RE: Scampthedog -- finally vindicated!!!31 Oct 2022 08:44
He will surely keep GLS and change UK operation into a streamlined service. Small packets and parcels every day, letters 2- 3 days a week... Either that or tell UK government to buy it or its getting sold off for housing land?
I agree nitro. Good trading stock, but we are heading for lower lows. I think it will eventually get bought out, but not for anywhere near the figures people think.
They can't be stupid enough to pay dividends with that huge debt. Debt package will need to be re negotiated end of 2023, lenders will want to see the company is running a tight ship... Dividends would be plain irresponsible.
I can also see this drifting down to low 70s, thing is, is it even a good buy then? Think the dividend days are long gone, with no capital appreciation in site??
To help clear the debt that is going to stuff it in 2024... Seriously, do you understand what debt is, and the astronomical cost of re financing it September next year?? And you think I'm stupid?