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Forcasting 10% increase EPS, page-9

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JeffA

356 Posts.

7

22/05/19

20:08

Post #: 38697563
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Originally posted by IndexInvestor: ↑

Yes, that would work if the demand is consistent.

But when the SP dropped to the 1.30s recently despite the buyback, demand must have dropped off.

So I think it's a race between whenever people start to take notice and when the remaining 4 million in the buyback are finished.

I'm holding at least until the buyback is finished and would buy more then on any SP weakness.

Another issue may be keyman risk. What if the founder retires or is unable to work for any reason? Any succession planning?

Expand

SP dropped as market dropped before any buyback was announced - SDG was quick to use the opportunity and buy its shares back (partially) at 50% discount. With fundamentals like this one we are going to have more demand.

Originally posted by IndexInvestor: ↑

Yes, that would work if the demand is consistent.

But when the SP dropped to the 1.30s recently despite the buyback, demand must have dropped off.

So I think it's a race between whenever people start to take notice and when the remaining 4 million in the buyback are finished.

I'm holding at least until the buyback is finished and would buy more then on any SP weakness.

Another issue may be keyman risk. What if the founder retires or is unable to work for any reason? Any succession planning?

Expand

SDG Price at posting: $1.69 Sentiment: Hold Disclosure: Held
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