Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Bullboard Posts
Comment by TickerTwiton Sep 25, 2019 12:04am
249 Views
Post# 30161570

RE:RE:RE:RE:RE:RE:Reducing share count is a top priority

RE:RE:RE:RE:RE:RE:Reducing share count is a top priority1. Every quarter that passes with FCF<0 means that share price will fall, no matter what the share count is. There is currently NO potential for a return to shareholders via buyback.

2. TV carries debt and doesn't have the cash flow at these zinc prices to service it. That means assets must be depleted or diluted. Share buybacks deplete the cash asset. Doubling down on asset depletion while having a negative operating margin is a ludicrous thing to do.

3. Sometime in future a buyback might make some sense. Now is not that time.
.
maldwyn wrote: Psychology is exactly th ereason there should not be a reverse split. Investors have become used to valueing this stock at near-zero rather than on any clear per share metrics, and this won't change until it i s clearly making money. Post consolidation it would resume it's drift towards zero absent some earnings to generate a P/E.


Bullboard Posts