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General Motors Company Message Board

flipwilson728 10 posts  |  Last Activity: Jul 17, 2014 9:28 AM Member since: Sep 20, 2012
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  • 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.

  • Reply to

    Can we go below $15.25?

    by flipwilson728 May 7, 2014 3:53 PM
    flipwilson728 flipwilson728 May 8, 2014 8:41 AM Flag

    I guess we did, so how low can we go today? can e say $14.00?

  • flipwilson728 by flipwilson728 May 7, 2014 3:53 PM Flag

    Maybe not today, but for sure tomorrow

  • flipwilson728 by flipwilson728 May 7, 2014 11:15 AM Flag

    GTAT may need a capital infusion to carry thru with all their plans. This secondary offering would be massive blow to the stock price short term

  • Reply to

    WEEK END 10.00 SURE

    by shabbir3825 May 7, 2014 8:37 AM
    flipwilson728 flipwilson728 May 7, 2014 9:20 AM Flag

    Son, you need to stop taking those drugs and get into rehab quickly.

  • Problems at Target indicate a slow down in retail sales in general. Target is the direct competitor to JCP, so the big drop yesterday was all due to the bad news with Target.

    ECONOMY IS BECOMING REAL SOFT, JCP will limp along but will not see $20 by the end of the year, maybe one year from now.

  • Reply to

    NTP plans a 6 million share buyback

    by koyak23 May 7, 2014 8:00 AM
    flipwilson728 flipwilson728 May 7, 2014 9:08 AM Flag

    Where did you read this announcement? If true, something interesting is happening that we do not know. You are correct, if they feel they can buy back shares say at $6.50 that is roughly 6 million shares then they feel they do not need the cash for the development but then, if the stock price keeps dropping they could be vulnerable to a buyout from outside sources. If they do the buyback, this reduces the float to from 33 million to 27 million and provides support for a higher stock price.

    Another thought, is that the development of the property will be completed sooner than the 3 years stated to complete the first phase (as mentioned in the update announcement on the website), and that opening could be in less than 2 years.

    As for going private, unless the stock price raises to a much higher price, say $10-$13 range, it could be in play and the directors may also conduct a buyout.

    Just a thought

  • Reply to

    New Business, End of Game

    by silverlinj May 2, 2014 12:21 PM
    flipwilson728 flipwilson728 May 2, 2014 1:19 PM Flag

    What really happened with NTE, which I just picked up from the Japan Display IPO, was that Japan Display (JD) was NTE's biggest customer for LCD screens for Apple IPhone's, NTE announced this very large supply contract to JD, but behind the scenes, secretly, JD was developing the in-house capability to do what NTE does. JD then demanded from NTE a ridiculous large price reduction or else they would lose all the business. This demand came out of nowhere as a total surprise to NTE that JD had developed the capability to bring this operation in-house. The two companies relationship goes back a long way and they had very strong ties.

    I think the reason JD decided to bring this work in-house was the need to improve sales and profitability as the company will then be a publicly traded company again.

    Being that NTE majority of sales came from JD, when they lost the supply contract, they had no other option but to transition to another business plan, quickly. They were not a supplier to Samsung or any other cell phone manufacturer most do everything in-house or already have key partner suppliers.

    In the long run, NTE will be better off, but it will be a boring next 3 + years minimum. So, take your money and invest in other stocks and come back in3 years to check up.

    What I am very glad to see is that Japan Display's IPO was a disaster and the stock is down over 20% since the IPO. I hope they die.

GM
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