Post by
goodbuddy on Dec 28, 2023 9:41pm
Share buy-backs
Share buy-backs are not as good as everyone thinks they are, the reason share buy-backs have to be executed is solely due to poorly use of capital or poor returns on invested capital. In a nut shell, poor management.
Comment by
Tyee1989 on Dec 29, 2023 12:30am
Very true, when a stock is this cheap it is better long term.
Comment by
Tyee1989 on Dec 29, 2023 12:31am
What are you talking about? Buy backs are a great return on investment if the share price is worth less than what the company is actually worth.
Comment by
TVR on Dec 31, 2023 2:29pm
I certainly hope the share buy-back "plan" works to booost the share price which is abysmal. Personally, I think boosting the dividend by 50% from 4c to 6c would have a much larger impact and the additional cost would only have been $9 million per year and be a small portion of the $40 million plus interest saving TWM will get from receiving the Pipestone sale funds.
Comment by
CHECKMATE77 on Jan 01, 2024 9:34am
I don't think people are investing in Twm for income .
Comment by
Ogopogo26 on Jan 01, 2024 6:38pm
I have said so numerous times, I don't think you fully understand the math of the Pipestone sale. TWM - at some point - will have the interest savings you talk about, plus save $8 million in lease expenses, but they lost $50-60 million in annualized EBITDA, so this deal will at best be marginally accretive to free cash flow.
Comment by
goodbuddy on Jan 01, 2024 9:02pm
Birchhill will omnly see $1.40 when the HDRD complex is firing on all cylinders, Not sure if this process is an easy nut to crack.
Comment by
goodbuddy on Jan 01, 2024 9:16pm
AER's ST13's is indicating some struggling properties.