Thursday 11 December 2008

Fancy that!

"What's good for Stelios, however, isn't necessarily good for other shareholders. I don't agree that easyJet is being incautious. Not paying dividends conserves cash and the company can easily delay major airline deliveries if it wishes," Damian Reece, Daily Telegraph, November 15, 2008.

"But [easyJet’s] lack of returns can’t continue. Either pay a dividend or boost earnings. Either way, I reckon it’s time for a re-think, don’t you?" Damian Reece, Daily Telegraph, December 11, 2008.

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