RE:RE:RE:SPBBDB859 wrote: There is no doubt that share buybacks are my favorite way to stablelize the share price, and also, make the Families share of the pie much larger. The only problem I've always had here is, that it's just not feasible at this stage of the company's growth. They just don't have the luxury of giving away $60 to $100 million more, for buybacks. They recently paid the RVG on the CRJ of $130M and nearly had a hemorrhage. Nordico, they just don't have the cash to waste, just to stablelize the SP. Debt, R & D, and a race with the competition to solidify the company's BJ position is a primary necessity right now. Needless to say that we can use higher Reserves for all these competitive expansions.
Nordico wrote: What a great day this would be for some share buybacks; too bad management's clueless.
I agree that share buybacks will do nothing to help the share price right now ... there is not enough demand for the stock and that's the problem, so the only way to solve that is to sell , build , deliver and service the best bets in the market .. and that's what they are doing ... unfortunately the debt was too large and the fire sale did not amasse the necessary funds to pay down that huge debt. .. they are dealing with all of the above and once the debt gets trimmed a little more we should be fine ... no one can debate the quality of the bomber's products and services and they are always in the forefront in the industry BUT that debt is a big hurdle to get over in order to get new shareholders interested unfortunately... right now it's in the hands of manipulation , and it being Canadian it amplifies the situation greatly ... things are changing though ... GLTA