3 Long Ideas: Mitcham Industries, Key Technology and New Frontier Media [View article]
Looked at NOOF earlier this year. I liked the zero debt and decent dividend... but could not (and still cannot) figure out how that was possible with a 246% dividend payout ratio.
And because I did not (and still do not) understand such magical processes, I've stayed away. (stats from finance.yahoo.com/q/ks...)
Any enlightening explanations would be appreciated.
3 Long Ideas: Mitcham Industries, Key Technology and New Frontier Media [View article]
And because I did not (and still do not) understand such magical processes, I've stayed away. (stats from finance.yahoo.com/q/ks...)
Any enlightening explanations would be appreciated.
Kiisu.