MLX Q1 2025 Earnings Preview, page-12

It’s ok to disagree - just trying to convey my view . As I see it there are spikes and troughs in the SP. Over the short term there are periods where it gets relatively cheap and periods where it looks fully priced. As an example todays price vs recent peak only a few weeks ago is 40%
ST , the prices is driven by ST TIn price and sentiment . Medium and long term is driven by actual cash flow and real value creation such as cash build , growth investments and buy backs What I am saying Is medium term the stock continues to create value as it generates significant cash flow. I always try to look at company fundamentals to see how a company is going . This capital management argument was the exact argument used when the stock traded in the 30s 16 months ago. Anyways let’s have a chat after the quarterly. The buy back I am confident will recommence soon. At what price, I would like to see below 50c

On a seperate note - the way they are going , by the time rentails starts and finishes. End of 26-28/29 MLX should accumulate enough cash from today to fund rentails without using existing cash so my expectation is they will, as they continue to bank more cash get more aggressive around growth and a dividend may also not be out of the question. The driver will be what happens with Greentech. I think we have forgotten about how transformational a Greentech acquisition will be . For me having a war chest to see this through if possible trumps all else