TSX:TNT.UN - Post by User
Comment by
flamingogoldon Feb 23, 2024 10:46am
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Post# 35895542
RE:RE:RE:RE:RE:Buyback
RE:RE:RE:RE:RE:BuybackSome of the smartest guys in the world who have led monetary policy for the richest nation have been wrong in the past. I believe your statements are grossly incorrect. We are entitled to our opinions, this is what makes a market. You can sell, I can hold. The future will provide the answer, not our degree.
giovinco wrote: What is your nonsense logic? Lol
I am a finance major with master's degree from top 10 university in the world.
Only the politicians talk like you.
Shareholder value is never lost when the money is paid out to shareholders. In fact, companies increase dividends to increase shareholder value and not the opposite.
Enterprise value is normally based on market cap and debt level, so buying back shares and cancelling it will reduce market cap - with less shares at same price. Obviously, share price is not going up here because of the transfer of wealth from shareholders to the company.
Only positive here is that the management is also forfeitting their own dividend, so it shows as they are doing something for all of us as a sacrifice and representing all the shareholder. Which might be a dilusion for you and everyone.
I don't know what the intentions are or the end for this calamity.
Explain how anyone is benefitting from low share price and no dividend to make up for it. Other than some rich dude who can buy more shares or the whole company at very cheap price.
SIGG1 wrote: glovinso, you have no idea what you are talking about, you don't understand how share structure vs market cap works. Reading your comments was complete loss of my time.