Post by
MLEWICKIMBA on Jun 27, 2024 10:29am
TVE Undervalued -- Should be 4+ Right Now
1. During Q1 they paid of the term load and the DAP -- Like they said. They paid three dividends and bought back more that 7M Shares or close to that.
2. Q2 had an outage but they recived from that. They bought back only 1M Shares in April and May but they paid three dividends (one in a could of weeks) and as near as I can tell they paid off more debit as per the May Presentation Page 6.
3. Now last Monday TVE said -- HEY INVESTORS / MARKET -- We are now upping our return of capital of 40% with 60% aimed at debt repayment and when we get to 900M in Total Debt we are reversing that to 60% / 40%.
Shares are undervalued. Brian and Team have done a stellar job the past 24 months.
ML
Comment by
MLEWICKIMBA on Jun 27, 2024 10:35am
sorry for my spelling -- typos. its hot in Dubai and have the lights on dim. LOL. We need a RALLY YES???
Comment by
Jimmy1page on Jun 27, 2024 10:56am
Yes. Bought 100k shares yesterday