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Bullboard - Stock Discussion Forum YANGAROO Inc V.YOO

Alternate Symbol(s):  YOOIF

YANGAROO Inc. is a technology provider in the media and entertainment industry, offering a cloud-based software platform for the management and distribution of digital media content. It provides advertising, entertainment and awards management software workflow solutions to customers across multiple geographic regions. Its Digital Media Distribution System (DMDS) platform is a patented cloud... see more

TSXV:YOO - Post Discussion

YANGAROO Inc > It would be a lot higher
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Post by PlanetURF on Nov 12, 2019 9:37am

It would be a lot higher

If they have to make their 15% target for 2019, earnings in Q4 would have to be a million $. So net cash would be a lot higher than $2m. So you do have a point. They should buy back at least $2-300k worth of shares asap.
Comment by tannin on Nov 14, 2019 3:09am
benefit of repurchases modest; downside of not having an extra half a million in treasury, could be a huge....a biz we should have bought, a mkt we should have entered. Does not pay to fritter away hard won capital in a growth company......i say fritter because, what does the buyback achieve....modestly lower shares outstanding and helps sp in the short term;  i don't give a hang about ...more  
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Comment by HisNoodlinessTheFlyingSpaghettiMonster on Nov 23, 2019 2:57pm
Fair enough tannin, I respect your opinion. Regardless of our views, we are all in this together and want to see this company succeed!
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