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TriQuint Semiconductor, Inc. Message Board

  • hartinfo@ymail.com hartinfo Nov 22, 2011 11:18 AM Flag

    Demand TQNT return cash to shareholders

    If you are long, use the IR link to demand TQNT return some of the cash to shareholders - especially if they are going to have no growth for several quarters.

    What would the following do to the share price if TQNT decided to return 100M of the 130M on hand:

    1) Pay a 4% dividend for 3 years (4% of 4.50 price = 0.18 * 170M shares = 30.6 M * 3 years = 91.8 million

    2) Buy back 10% outstanding shares (170M * 10% = 17 M shares * 4.50/share = $76.5 million

    Don't let them waste it on an overpriced acquisition.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • It will never happen. The TQNT Board follows the standard executive compensation practices. Use all company resources as an executive gold mine to enrich themselves. You just "Think" its really shareholder money. Even if the Ralph Quinsey drives the company into bankruptcy, he will receive full salary, retainer bonus, and severance packages. Try this, only pay Quinsey in restrict TQNT Stock that can't be sold for a year. I bet that will change everything.

    • I hope TQNT offers a substantial one-time special dividend only.

      No buybacks. A buyback is just a smoke screen.

      Then, I hope another company buys TQNT for a premium price.

      That is all I want right now out of TQNT because I have lost faith in this company.

    • Buybacks dont work I can give you numerous examples this is a growth stock going thru a bad patch if you want income and you bought tqnt you could be insane, buybacks dont work because while the earnings fall the p/e collapses so you just end up with less cash and a collapsed valuation while the company grows it needs the cash it seems to me you bought the wrong stock at the wrong time for the wrong reason.

    • hartinfo@ymail.com hartinfo Nov 22, 2011 11:51 AM Flag

      When I asked for a dividend, here is what I got back from Roger Rowe, Investor relations:
      ===============
      I appreciate your thoughts. We get questions about dividends/buybacks and our BOD considers these types of actions from time to time. At these levels, a buyback may make some sense. I think a dividend would really require us to think we could sustain and grow them over a longer period of time. We don’t see much value in a one time or short-term dividend program.

      Regards,

      Roger
      ==============
      At the time, the stock price was about $5. That is the problem with TQNT, and why longs, like me, are so mad. Why would you make the comment about buybacks like that, unprompted?

      Look at the selling pattern over the last few days - large institution investors are dumping their shares at a set price - hit that price and the selling begins. Cannot break above a that set level (which gets lower each day).

      • 1 Reply to hartinfo
      • I disagree with your last sentence
        (<<Look at the selling pattern over the last few days - large institution investors are dumping their shares at a set price - hit that price and the selling begins. Cannot break above a that set level (which gets lower each day)>>).
        ...IMO, it's simple economics here, there are NO buyers of any size (hence the low volume...and FYI there won't be any buyers of size until something changes either in the macro environment and or internally with the Co.)and the MM's know this so they just work it to a whatever level fits their "needs"...don't try and "predict" when it will end, no matter what anyone says NO ONE on this board has a clue...I for one will continue to layer in more shares at certain levels to bring my basis down, always looking out 12-24 months RE my targeted return.

    • Good luck with those ideas.

 
TQNT
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