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Macro Enterprises Inc. Com MCESF



GREY:MCESF - Post by User

Comment by longrun86on Aug 26, 2021 7:37pm
333 Views
Post# 33774080

RE:What if....

RE:What if....

My view is that Macro will have substantially more capital then it needs by the end of next year maybe as much as 1.50 per share.
 

If Management doesn't see the ability to deploy that cash at appropriate return ratios then it should return the excess portion.

The industry is volatile so it should keep a bit of a cash cushion for a rainy day and a regular dividend might not be appropriate for all conditions.

At the end of 2022 I can see a Special Dividend of at least $1 as a desirable outcome and also a share buyback for 10% of the shares outstanding. It also feels appropriate to redeem the Prefered Shares.

It would be nice to see some commentary from analysts to this affect and what their prediction might be. 

Sincerely,

LR

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