Luke Laretive, Seneca Financial Solutions’ CEO says the $14.29b market cap company could be looking at $1.1bn in free cash flow – “I can’t see them paying a dividend or buying back their own shares,” he explains in an interview with *.
I wonder if Luke knows that
1) The $1.1bn free cash flow is only for one quarter, not the full year
2) Doesn't think divvies or share buybacks are on the cards. A bit out of touch, the latter is unlikely but the former is very likely.
Good News & Bad News, page-16959
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