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Xyratex Ltd. (XRTX) Message Board

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  • mak424 mak424 Oct 8, 2012 8:39 PM Flag

    Who in their right mind is paying $7 for a company expected to make at best 23 cents next year?

    From the conference call, the company said they were going to be profitable in the second half of next year so it is prudent that they don't freak out and cancel the dividend. Investors should look out a year into the future. It was also mentioned about potentially starting up another buyback so unless the business environment gets much worse, I do not see the company cutting the dividend anytime soon.

    Sentiment: Buy

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