GREY:ISYRF - Post by User
Post by
esprit1on Nov 09, 2017 3:19pm
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Post# 26935124
Market speaks
Market speaksThis is what the market thinks. ITC has pretty much blown any good will they managed to cobble together last year with a coupld of good quarters.
These are looking very much like an anomoly - rather than a new trend.
We are back to no earnings, and market is not rewarding that.
With regards to accelerating revenues, well weve heard that story before as well - and here we sit.
Sadly ITC is going to have to put together some real out of the park quarters and deals before they are at all trusted again.
For old hands here its the same story - for new hands too. If you bought in the last year you are more than a little pissed off.
We could well end up below a dollar.
We would be far better of paying a dividend of 5 cents a share rather than a buyback.
At least some yeild would garner some interest from the investment community, and support the share price.
Reducing the float by a couple percent on a buyback - not so much.