(29 Jul 2014, 8:07 am)eezypeazy wrote Ahh, ignorance is bliss, isn't it?
Many of the shareholders in the transport groups are pension funds - they need cash dividends to pay out pensions. And I don't know many caviar-eating, champagne-swilling pensioners - do you?
Dipping in to profits is like dipping into your grannies' purse when she's not looking, so you can have 50p for extra sweeties that you haven't earned.
But I'm sure Andreos knows best....
Have you been sniffing out the left wing posts again eezypeazy?
Of course, 'many' of the shares are owned by pension funds. You have mentioned that a few times now.
'Many' of the shares are also owned by individuals/families too.
Some of those are totally independent of the company, some are held by employees or the families of employees past.
All of the data, is available on the shareholder website (http://www.go-ahead.com/ir/shareholderin...lysis.aspx)
Whether you choose to look, read or acknowledge that is another thing - but the figures and percentages are all there in black and white.
Hey, if me looking, reading and acknowledging those facts make me right - well there you go!
