Post by
kegman on Jun 27, 2024 1:09pm
If Israel and Lebanon (Hezbollah) get any hotter, plus
Summer drawdowns....BTE should really pop. Numbers in July will show extent of buyback and Divys hit our accounts. I disagree, buybacks are very important and if they can knock off another 8-10% it should effect the SP. Less money goes out to DIVY and more to debt. Remem ber FCF goes up as oil goes up and they can pay off even more debt. THings are going to plan. Daytraders can still have some fun on the way. Holiday in Canada on Monday and US on next Thursday. Might slow down the week a bit unless something crazy happens. GLTA
Comment by
Banshee on Jun 28, 2024 4:39pm
Been hearing that same song and dance for years now, Sounds good in theory and MGMT loves it when shareholders are prepared to wait decades like the last one for that strategy to finally pan out. You would have made more investing in GICs than looking for a similar return because of recent buybacks.