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Textron Inc. Message Board

  • harlanharp harlanharp Apr 24, 2013 4:53 AM Flag

    World view:

     

    Syria, Iran, North Korea, Venezuela, Bolivia, and Cuba work together. Russia plays both sides, and makes Obama in to a complete fool. An appeasing fool at that.
    Russia worries about the price of energy as we, the Israelis, Angola, Mozambique, Sudan, and others expand
    production.
    Our education system is in shambles. See A.P wires. The Fed has been fine for equity holders. However, job growth, and real wages is very poor.
    I think that we have been at war with Shia Iran since 1979. In my opinion, we have been at war with radical Sunni
    Islam since the 1970's.
    My point is that TXT's products and services are not going to go out of use.
    The stock is cheap here, and TXT could hike its poor dividend. Moreover, they could take a page out of INTC, or AAPL's playbook, and borrow to buy back shares or raise the dividend.
    I am buying here, because according to JPM this equity should be a lot higher.

    Sentiment: Strong Buy

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    • "borrow to buy back shares or raise the dividend" ... no need to borrow ... TXT has the cash on hand ($1.4B) and the cash flow ($1B) to comfortably fund ... I would suggest increasing the quarterly div to $.05 in 2012, thereafter, increasing in $.05/qtr increments until the $.25 is restored (2008 level) ... this would provide a yield of 2.5% at $40, what competitors are now paying ...

 
TXT
39.01+0.33(+0.85%)May 2 4:02 PMEDT