Toy company trading <6x EPS, with significant business momentum, 25% of its market cap in net cash, and a phenomenal 3-year outlook. Buyout likely imminent.
Awesome write up. Best I have seen congrats. I have been in/out the last few years. Best position yet! How big a dividend you think they need to do? And why not keep doing 10% buybacks ? You don’t get a multiple on cash? Who needs 100mm in cash? Have in place a nice size buyback, maybe people sell into some crazy DJT rule? Nice job
I am thinking $1/share dividend to start. I know they want it to be meaningful and not a token dividend.
I've pushed them for buybacks and would urge anybody invested in the stock to also push for buybacks. John/the board is extremely conservative and to a certain extent it can be negative.
Awesome write up. Best I have seen congrats. I have been in/out the last few years. Best position yet! How big a dividend you think they need to do? And why not keep doing 10% buybacks ? You don’t get a multiple on cash? Who needs 100mm in cash? Have in place a nice size buyback, maybe people sell into some crazy DJT rule? Nice job
I appreciate it!
I agree with you.
I am thinking $1/share dividend to start. I know they want it to be meaningful and not a token dividend.
I've pushed them for buybacks and would urge anybody invested in the stock to also push for buybacks. John/the board is extremely conservative and to a certain extent it can be negative.
Regardless, a dividend is a first good step.
Does he not understand the economics around a buyback?