In the shape it is in, ATT is simply a low end Bond Issue replacement and a very poor one. Cash Flow issues, dividend at risk, it would be a poorly rated bond.
5 replies (most recent on top)
Stankey missed his calling, he was destined to be a comedian.
If Stankey could only convince anyone else that he's the smartest person in the room and that he knows more about everything than anyone.
We still laugh at his statements here at Warner Bro. Studios.
What have they done to this once iconic company?
There is no morale here, so it’s technically less than garbage.
The walls may be closing in on the Stink and the BoD. With the interest rates going up, Toxic-T will not be able to refinance the massive debt Ratty and Stink created for 0% interest anymore. Stink will not be able to borrow $ to pay the dividend like the Rat did. Soon debt service will be more than the cash flow can support.
Guess what happens then?
Same will be happening to the Kommie Feds too.