First, I expect dividend payout for full year excluding 1-off special dividend of 18 cents to be 21 cents at least.
They gave 15 cents with an intern dividend of 7 cents, so that was 22 cents. Satisfied with that.
What was disappointing was my hypothesis about a a better Q4 results due to a corresponding better Q2 GDP results do not hold.
The only resilient segment in advertising is only others.
However, I like that the fall in advertisement revenue fall is slowing.