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Nam Tai Electronics, Inc. Message Board

flipwilson728 4 posts  |  Last Activity: Aug 5, 2014 3:55 PM Member since: Sep 20, 2012
  • Reply to

    buyback mainly

    by dangiteli Aug 4, 2014 7:32 PM
    flipwilson728 flipwilson728 Aug 5, 2014 3:55 PM Flag

    This is a very slow moving ship. Most likely will see low $6 range as demand dries up and no real earnings start showing up in each quarters report.

    Still will have a good 2-3 years wait, especially if construction does not start until end of 2015. (we have another year to wait)

  • Reply to

    Buyback question

    by p1hurley Jul 16, 2014 4:45 PM
    flipwilson728 flipwilson728 Jul 17, 2014 9:28 AM Flag

    After thinking about the buyback more, I realize that the buyback is the only realistic demand for the stock at this time and it is propping up the price in a limited range of $6.90 -$8.00.

    I think NTP will let the buyback authorization expire and let the stock drop more, maybe under $6 range, then start buying back at a much lower level.

    As for cash for the investment, I am sure they are getting very cheap funding, maybe from the state, or fed government. I think Mr. Koo has a exit deal all lined up, that after the real estate is completed and occupancy is over a certain level, say 60% they sell the entire project /company to a Chinese real estate business.

    The more stock the company owes, the better this opportunity looks. You may see Koo & Kellogg buy more shares.

    They know more than they can tell us. In fact, as Directors, they cannot disclose future plans

  • Reply to

    NTP buyback update

    by koyak23 Jul 2, 2014 6:58 AM
    flipwilson728 flipwilson728 Jul 11, 2014 10:05 AM Flag

    Mr. Koo is getting old, my thinking are that in 3 - 5 years he will be ready to retire. Mr. Koo does not want to manage a company that makes money only on rental income.

    Restructuring the company to take advantage of the great assets (land holdings in prime real estate area) to the strategy that maximizes the financial returns to not only Him but to Mr. Kellogg and also the many shareholders is the end goal.

    Every company leader eventually sells all his shares then retires.

  • Reply to

    NTP buyback update

    by koyak23 Jul 2, 2014 6:58 AM
    flipwilson728 flipwilson728 Jul 8, 2014 10:23 AM Flag

    If they have $36 million left on the buyback, then at say $7.10 / share, they would buy back 5,070,422 shares. Now if this was over 5 months to November end, this would be 1,014,084 shares per month. Or perhaps 253,521 shares per week. Daily volume is averaging 222,000 shares.

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