YANGAROO Inc V.YOO

No follow up on volume.

[HisNoodlinessTheFlyingSpaghettiMonster]

Back to 5 cent bid/ask spreads.  Lol

[Justin1]

Yeah, a little disappointing. You have to wonder who was doing all the buying the other day. Had to be a single insider or institution for volume to drop back off so quickly. I guess if it was an insider we'll find out soon enough. I'm hoping that's the case. It would be a really positive indicator for Q1 earnings.

[HisNoodlinessTheFlyingSpaghettiMonster]

I'm a strong believer that we need a half cent divy per quarter in order to get some buying interest in this stock.  Give retails a monetary incentive to own the stock long term.  Of course, this isn't feasable unless we are consistently cash flowing 450k + per quarter.  A year has passed since floating their acquisition idea...and it appears it hasn't gone anywhere, as

[Justin1]

I wouldn't even mind if they resumed the share buyback program if they're not going to make an acquisition. At the current valuation they could substantially reduce share count and create value for long term shareholders in a couple of years. It's not my ideal scenario, but it would be better than the status quo.

[NickMTL1978]

I agree with the share buybacks. I am not against dividends, but as Warren Buffet says: Share buyback programs are a way to give money to shareholders, without fiscal impacts. At 20 cents a piece, shares are not overvalued and the time would be right. If i remember, they decided to suspend the buybacks at the beginning of the pandemic, which was a good call at the time given the economic

[HisNoodlinessTheFlyingSpaghettiMonster]

Share buybacks give me no guaranteed return, only theoretical given our poor liquidity.  Look at our liquidity, it is awful and as I write this, the bid/ask spread is 7.5 cents (we are trading @ 20 cents!).  A dividend gives me guaranteed consistent return. Unfortunately share buybacks would be more probable, as management's currency are options, and share buybacks theoretically

[NickMTL1978]

I agree that share buybacks provide better returns for typical stocks, with larger volumes and a better correlation with the EPS. In the case of Yangaroo, we see that it does not really moved based on solid financial results. I guess share buybacks could take away some stocks that are owned by day traders. It is clear that some investors are playing with this stock, selling them at 0.20 and buying

[tannin]

NickMtl, daytraders, traders in general, help make the market....as in, filling the 7.5 cent gap we had by putting in a higher bid or lower offer. As for YOO, great value, hope to see a catalyst that will do something positive for the sp, and of course the company.

[HisNoodlinessTheFlyingSpaghettiMonster]

Would be nice to get an updated presentation on their website, at least for the sake of professionalism. Hasn't been updated since December, Q4 numbers/2021 outlook not incorporated, and still has our CEO labelled as interim CEO. I am under the complete understanding that it is most important to actually focus on operations and initiatives, but the fact remains that we are a public company

[tannin]

Your right..no excuse for not updating the website with current info.

[NickMTL1978]

I agree they should be a bit more transparent. As a comparison, i own a small american company (albeit much much larger then Yangaroo) that is under pressure by some of its shareholder. I received by mail a pamphlet with projections of fiscal 2022, 2023 & 2024!!!. Agreed that the projections for 2023 and 2024 are a bit far stretched, but at least the company is trying to provide more guidance

[HisNoodlinessTheFlyingSpaghettiMonster]

A long time shareholder that used to post here, Planet URF (I believe he has moved on from YOO due to these type of things), once stated that this is a publicly traded company that is run like a family owned business.  I tend to agree with him/her in many respects.  Management in the past has not been very transparent, have been relatively poor communicators, and not reliable in terms of

[HisNoodlinessTheFlyingSpaghettiMonster]

We finally got a decent bid over 20 cents.  Anyone who wants to accumulate any sort of significant position knows that the only way it will happen at these levels is if someone sells.  Any market order will spike us very high.  We will see how the next few weeks shake it in anticipation of Q1 results.  The few weeks around quarterly results seem to be the only periods of decent

[HisNoodlinessTheFlyingSpaghettiMonster]

shake out***

[tannin]

Liquidity, lack of, is unfortunate......sp acting well