Blog: Reach Energy - Kazakhstan Asset – The Cash Cow

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3 comment(s). Last comment by DarkNight 2017-05-05 21:50

musangfoxking

3,625 posts

Posted by musangfoxking > 2017-05-05 20:23 | Report Abuse

Reach Energy is expected to pay 30% of its free cash flows as dividends. We expect the company to start paying dividends in FY17.
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hard to believe?????????????!!!!!!!!!!!!!

Pusher_Punisher

413 posts

Posted by Pusher_Punisher > 2017-05-05 20:51 | Report Abuse

wow.. surely sailang this one.. very cheap.. recovery o

DarkNight

121 posts

Posted by DarkNight > 2017-05-05 21:50 | Report Abuse

If 30% 0f if its Cash Flow.
Then Dividens Should be around 0.03cents to 0.05cents per share...

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