Post by
BBDB859 on Apr 21, 2022 5:06pm
Sorry Repost on the last thread
Fourth line it should have read Q2/2023 Changed it bellow. Very important to understand the reasoning of my post.
Honestly I'm still not too happy with the R/S. But if they vote it in? The whole trick next is, to get the SP up, as high as possible before they decide to RS. This way we don't get too eroded. Having a 3 for 1 split, is ideal. It gets the SP up to around $15/share, and the current SP up closer to $5/S at the same time, so it's not that erosive. How do we get the SP up to around $5/S? Keep coming with +FCF's from now till minimum the end of Q2/2023, and then see where we are with SP. Having 800M outstanding shares for a company that's cranking out $500M to $800M in +FCF yearly, is great to invest in. According to the Family's calculations on the SP for Institutional attraction of $15/SP, at 800M shares remaining on the float, and if we will be profiting $500M to $800M +FCF/year, we should be earning around $1/S. Having $1/year of EPS is very acceptable, for any company. Before we know it, we'll be over $20/share. and we'll keep climbing. $800M A year will pay off a lot of debt (LTD) every year, and that will only keep increasing, as EPS increases every year. I'm good with that. This way we don't get eroded too much, and we are all happy and rewarded. If this year they keep churning profits, paying off $400M of debt early next, and they see the management has some more cash left over, then maybe do another small Share buyback, then we may get to $5/S by the end of 2023. Just saying, that's one good option. Patience is necessary here. Why the rush? In the meantime the Family can do their buying out of the rotten "Family Apples" and giving Shareholders maximum Shareholder value. This way when 2023 rolls in and the Profits are coming in, they attract market attention by proformance. If they hurry to do the R/S they may still get more shorting, and manipulation and a stagnant SP, even at $15 after on a 10 to 1 split now. Give the market a taste of 1 more good year of +FCF's and see where it takes the SP. JMHO. Cheers
Comment by
johnney on Apr 21, 2022 5:17pm
Do you really think that they will raise the SP before the reverse split, why would they do it! They will keep it low, the most possible, they don't want to pay more, what a joke!!
Comment by
glory7 on Apr 21, 2022 5:26pm
I've been saying it for a long time and Why I left the board Johney is a complete harsehole who 2years ago came on this board and was new to stocks, now knows everything lol.
Comment by
johnney on Apr 21, 2022 5:53pm
Just keeping leaving the Board! why reading my posts,A$$H!!
Comment by
johnney on Apr 21, 2022 5:56pm
you left cause you know who this company really is, you don't want to admit it! You have the proof in front of you, but you're F****K Blind, what else may i say!!
Comment by
glory7 on Apr 21, 2022 6:18pm
Maybe you can say I know,rien but I need attention n,est pas?
Comment by
johnney on Apr 21, 2022 5:18pm
This R/S will happen this year!
Comment by
johnney on Apr 22, 2022 10:05am
You just found out that the SP hasn't any sense at these prices! That's why it wasn't going up, the company knew as well some others that the Reverse Split was coming! Funny that they didn't mention this on their last results, and comes with this in March! No one is honest in that company, no one!!!