Ah, thank you! Nonetheless it's nice to see the continual improvement made to the balance sheet with each passing quarter.
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.
Just wondering if anyone got into IMOS since my recommendation? There's more room for it to run, and I expect it to hit at least $25 this year.
Sentiment: Strong Buy
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.
Thanks for all your hard work, Dave! With the uptake in business starting in March,there's nothing but good news coming.
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?
They don't have the online purchase for cell phones. The little kiosk in Costco is always run by "wireless etc". If you go see their website, it's very amateur.
Rogers.
They better be bringing the new L920 to Bell and Telus too. This exclusivity deal is BS.
Exclusive Nokia offer for Costco members!
Price: 19.99 (80.00 in savings) for Nokia Lumia 920
Plus: Bonus wireless charger (69.00 in savings), Bonus $100 Costco cash card, bonus 3-in-1 car charger (29.99 savings), bonus 50 long distance minutes per month.
Offer valid: March 13-24th
Good to see that Costco (Wireless etc.) is finally bringing in the L920.
Sentiment: Strong Buy