IMOS paid off another 35.6M of debt in Q1. My question is, when the total debt reaches 0 in about 2.5-3 years, will the extra money count towards the bottom line? Are we looking at potentially 130M dollars of extra earnings once total debt reaches $0? If so, this could be a huge driver of EPS by 2015. Thanks in advance for the responses.
Don't forget about the 7.5M buyback. It won't last long given the increased daily volume in IMOS, but it should put a nice floor in the stock price. The question is what IMOS will do with the funds from the selling of IMOST. I wouldn't be surprised if another buyback or dividend is announced in the May CC.
Hi Dave, can you ask if consolidation or expansion is the way to go in the future? There were speculations in the past that players in the OSAT industry would consolidate, but nothing really came out of that. Does the Taiwan listing make it more likely that IMOS gets acquired? Does IMOS plan to do any acquisitions in the future?