RE:RE:RE:RE:RE:Cheapnessnic_jordan wrote: Well I agree about the buyback. I can't understand why they don't reach their allowed maximum of 12877 shares bought back every damn trading day. There is a risk in letting the share price being this undervalued for so long. (And I would argue that it hasn't been undervalued only for a few weeks or months. It has been for several years !) That risk is that they might succomb to any low ball buyout offer. I have no doubt that many day traders or other "weak hands" would trip over themselves to accept a 5$ or so lowball hostile offer. That unfortunately would be the equivalent of letting a lot of money on the table in the form of unrealized value. That is why I insist that they must also bring back the dividend. That would make sure that we don't stay at a measly p/e of only 6 or 7 like currently. For comparison, the S&P 500 index is almost at a p/e of 30 !
I don't think reinstating the dividend would increase the share price. The share price was already at this place (and lower) before the dividend cut. They need to pursue in updating their activities and having strong cashflows help with that.