Empire Co. Ltd. (Symbol-EMP.A)
Re: Empire Co. Ltd. (Symbol-EMP.A)
And you have a right to be optimistic. The concerns would be that he only lasted ~2 years with CTC and the company has larger issues then just 1 person can fix. The board holds some responsibility for not ensuring that the acquisition of Safeway was being conducted properly. Their Quebec-Ontario operations appear to be operating ok, but its really figuring out a way to compete without cutting prices (that alone is a reason I won't buy it right now). You never compete on price.
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Re: Empire Co. Ltd. (Symbol-EMP.A)
I've held Empire since 2007. Waiting to see what the company management does with it's dividend during this turnaround attempt before deciding whether to stay or go. A cut, and I'm out right away. Their annual dividend increase is usually announced in June, but I'm not expecting one for this year.
Re: Empire Co. Ltd. (Symbol-EMP.A)
Who's holding? starting to get nervous that EMP.A will soon become a top holding of mine. Thinking of taking some profits
Re: Empire Co. Ltd. (Symbol-EMP.A)
Good to see there's been no dividend cut, and I've been able to hang on. In fact there was a small dividend increase announced back in June 2017. Good management can make a major difference in a company and Empire is mostly certainly showing that now.Taggart wrote: ↑09 Apr 2017 05:43 I've held Empire since 2007. Waiting to see what the company management does with it's dividend during this turnaround attempt before deciding whether to stay or go. A cut, and I'm out right away. Their annual dividend increase is usually announced in June, but I'm not expecting one for this year.
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