Fri, Jan 30, 2015, 3:39 AM EST - U.S. Markets open in 5 hrs 51 mins


% | $
Quotes you view appear here for quick access.

Smith & Wesson Holding Corporation Message Board

hahastocks 2 posts  |  Last Activity: Jan 20, 2015 10:34 PM Member since: May 30, 2012
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    At current prices if they cut the DIV

    by hahastocks Jan 20, 2015 8:29 PM
    hahastocks hahastocks Jan 20, 2015 10:34 PM Flag

    Im not wan woo sorry to disappoint. Just a guy who knows when a company pays a DIV and trades under BV then that company is throwing money out the window by not buying back stock instead. When said company is trading at close to 50% BV all shareholders get 50% more for their money by not paying a DIV and instead buying stock. There is a 90+ million DIV payment coming up. Do you want them to pay out 90 million to shareholders or get 50% (135M) more for your investment? Why would anyone want to throw 45 million out the window every quarter? Please explain how paying a DIV right now makes any sense?

  • and used all that money to buyback the stock they could knock out nearly 6 million shares a quarter. Why with this trading at almost 50% of BV would they even pay a DIV? When oil rebounds so will NE but it could be so much more if they use the money smartly. Lets say it takes oil a year to recover they could take out 25 million shares or 10% just by not paying the DIV. Add that 10% to the already approved buyback and if oil sees north of 75 again NE will triple.

12.41+0.180(+1.47%)Jan 29 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.