Q: We are now doing our own trolling for answers. The Investment Reporter downgraded Wi-Lan to a hold in May 2015 because:
1) Its shares had plunged by over a fifth.
2) They estimated WIN would earn 3 cents per share this year
3) It trades at an excessive p/e ratio of 91 times
4) The dividend looks too high
5) Thinks the market expects the firm to cut its dividend
6) Cash of over US $118 million – debt US $43.3 (good)
Seems they got it about right, however last month they had WIN as a buy “for long-term gains and rising dividends”!
Nobody is perfect. What percentage do the directors own?
Thanks
1) Its shares had plunged by over a fifth.
2) They estimated WIN would earn 3 cents per share this year
3) It trades at an excessive p/e ratio of 91 times
4) The dividend looks too high
5) Thinks the market expects the firm to cut its dividend
6) Cash of over US $118 million – debt US $43.3 (good)
Seems they got it about right, however last month they had WIN as a buy “for long-term gains and rising dividends”!
Nobody is perfect. What percentage do the directors own?
Thanks