Q: Good Morning
In answering Andrew's question with resspect to MCB,on August 6th, 2015, you have stated:
"The cash can support the dividend for about five years."
Based on your above noted statement I felt that the dividend of MCB was safe and did not sell the stock.The end result is that I am substantially under water with respect to MCB (about 36%)
Can you please advise me whether to hold or sell this stock? What is your assessment with respect to the future of this company?
Thanks
In answering Andrew's question with resspect to MCB,on August 6th, 2015, you have stated:
"The cash can support the dividend for about five years."
Based on your above noted statement I felt that the dividend of MCB was safe and did not sell the stock.The end result is that I am substantially under water with respect to MCB (about 36%)
Can you please advise me whether to hold or sell this stock? What is your assessment with respect to the future of this company?
Thanks