OTCQX:AGXXF - Post by User
Comment by
gairvineon Mar 14, 2018 1:45pm
121 Views
Post# 27714634
RE:RE:RE:I've seen this many times and the story does not end well!
RE:RE:RE:I've seen this many times and the story does not end well!Interesting read....much appreciated. I’m trying to remember if it was Buffet or Peter Lynch who said essentially the same thing. Share repurchases seem to create a short term floor under the share price, but as a shareholder ( not in AGT at the moment ) I generally like to see cash reinvested in the business or returned to shareholders. You mentioned at the end of your post that you thought share repurchase was sometimes justified. Two questions: what are your criteria and how would this apply to AGT currently? I’d welcome your thoughts as I’m currently doing DD on the company. Regards