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Ballantyne Strong, Inc Message Board

  • renmanaz renmanaz May 10, 2013 10:36 AM Flag

    Just caught last 15 minutes of CC

    Management was either being intentionally evasive (as if there's some sort of buyout in the wings which they cannot discuss)...or they just have no plan going forward that makes any sense to me.

    I agree with the comments expressed here previously that the company appears to be jusy limping along and not being very aggressive in either finding a good fit acquisition, creating new opportunities or in buying back aggressive share buyback appears to me to be the best (and least risky) use of capital...if they're not pursuing "expansion" or seking to go private.

    Any other thoughts?????

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    • ren

      If the company has no plans or just content with status quo, why did Cavey and Shay buy all these shares last month?
      I suspect they are shopping the Company around.

    • ren....... I too caught the end of the call and walked away with the same feeling regarding some kind of acquistion and a sense of being underwhelmed....... personally, I think the company should be taken private or broken up and sold...... and as someone else mentioned, the company seems to now be entirely run for the benefit of the company employees......... maintaining a stable environment for employees is certainly important but there also needs to be some balance with returns for shareholders. JMO, until there is an acquisition or return of funds to shareholders, I'd say this remains dead money at best or, more likely, a depreciating asset. GLTA

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