James Tate RJ: Nickelas James Tate Post Rating: -14 + / - Total Posts: 33 Karma: 10 Joined: Apr 11, 2012 |
Posted on Apr 16, 2012 (Last edited on Apr 16, 2012) Post hidden due to its low rating (click here to show post)
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Zack WenJian RJ: Zack CO: Zack Post Rating: 3 + / - Total Posts: 114 Karma: 503 Joined: Mar 31, 2012 |
Posted on Apr 16, 2012 dividend is not an entitlement.. company can choose not to give any...you can sell the stock if it doesn't meet your required rate of return. |
David MacIver RJ: DRMacIver CO: David R. MacIver Post Rating: 15 + / - Total Posts: 47 Karma: 56 Joined: Apr 5, 2012 |
Posted on Apr 16, 2012 (Last edited on Apr 16, 2012) Secret Lair apologises for any inconvenience yesterday's failure to pay dividends may have caused our shareholders. We were undergoing a period of expansion in order to increase our profits, and thus our future dividends, and as a result of the increased costs and interrupted business were unsure of our ability to pay dividends yesterday and felt it prudent to temporarily cancel them (we also didn't pay any chairman's bonus, as although the percentage remained the same the company was not in profit yesterday due to the cost of building over 1000 m^2 of new factory space).We also apologise if anyone feels that we have made an implicit commitment to maintaining short-term profits at the expense of long-term ones. Rest assured that this is not the case, and that as a result some days the most strategically sound decision will be to not pay dividends that day. We must however note that the claim that we have "frequently" done this is a blatant falsehood and calls into question the reliability of Mr Tate. Yesterday was the only day we have ever lowered rather than raised our dividends, as our shareholders can trivially verify by checking their player news. In the interests of full disclosure the following is a complete record of all changes to Secret Lair dividends: Apr 16, 2012: 12:48 AM: RAISED to $0.05 per share. Apr 15, 2012 7:36 AM: LOWERED to $0.00 per share. Apr 15, 2012 6:27 AM: RAISED to $0.05 per share. Apr 13, 2012 12:31 AM: RAISED to $0.03 per share. Apr 12, 2012 1:20 AM: RAISED to $0.01 per share. If Mr Tate still feels aggrieved, we recommend he sells his shares. He will no doubt make a tidy profit off doing so due to the continuing increase in our share price, at least as long he doesn't take the proceeds and invest them in a company that follows his economic advice. Sincerely, David MacIver Chairman of Secret Lair |
Space Butler RJ: Space Butler CO: Space Butler Post Rating: 5 + / - Total Posts: 19 Karma: 18 Joined: Apr 2, 2012 |
Posted on Apr 16, 2012 $1000? Really? I would spend that much to see a dancing rat icon spin around on my user page for a day.
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Matthew Suozzo RJ: Buckaroo Bonzai Post Rating: 0 + / - Total Posts: 40 Karma: 51 Joined: Apr 5, 2012 |
Posted on Apr 16, 2012 As would I. Put it on the list.
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Josh Millard RJ: Tex Corman CO: J. Quaff Arabica Post Rating: 0 + / - Total Posts: 167 Karma: 231 Joined: Apr 3, 2012 |
Posted on Apr 16, 2012 Also, they turned me into a newt.
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