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01-12-2011, 08:43 PM
(This post was last modified: 01-12-2011, 09:19 PM by Temperament.)
Cumulative or non-cumulative dividend payment dose it really makes difference? If Hyflux has no money to pay this year, will hyflux pay 12 % next year? And so on. Is this how cumulative dividend works? i am not sure. If it works this way, then no money to pay means no money to pay. But non-cumulative does not seems to be a better option either. i say no money to pay means no money to pay. If this situation happens, i dare not think of the common share price. Besides i never like the idea to lend my money to someone who has the perpetual option of whether to pay me back my capital or not. To me it's the same as i have kissed my money goodbye forever. Of course, the only consolation is there may be a secondary market for the preference shares.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.