RE:RE:I'm actually pretty annoyed - Yeah great quarter but...Yeah thanks Mas, i agree with everyone making their points including you - and they are fair points. For me the unknowns in the market ahead make this issue that much more significant is all. It literally is the same narrative being played out again for BTE... as always... just focus on all the debt they took on. So it was a nice opportunity I think management has missed.... to change up the narrative and imo sharebuy backs isn't enough when they dangled the carrot and are now walking further back with it. That's my beef.
BTE is still a great company and I very much like Brian and the team. But it's okay for me to be annoyed at this. I've been here a long time too as many know. Just venting a bit. Quater was no doubt awesome.
masfortuna wrote: Snowy they stated many times including in their presenations that the priority was debt reduction until 800 million. That would be ed of fiscal 2022 at this pace. So in 2023 they need 400 million more before anything goes back to divy. So sometime mid 2023'ish??? You made your own case against a divy by stating how volatile the markets are in your post. Better to pay down the debt and save the interest so that we actually get a sustainable and meaningful divy in about 1 year. I have held BTE and a few others knowing full well that a divy is not going to happen for awile longer BUT I also own CJ and a few others with a divy. So far those without a divy have outperformed my divy holders.