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Partner Communications Company Ltd. Message Board

henry_jerry777 3 posts  |  Last Activity: May 14, 2015 12:14 AM Member since: Jan 13, 1999
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  • Reply to

    The Buyback

    by ajlpb May 13, 2015 10:40 AM
    henry_jerry777 henry_jerry777 May 14, 2015 12:14 AM Flag

    And what if 60-80% of the volume ( say 60,000-80,000 shares a day ) is bought by the buyback ?If AUDC buys an average of 70,000 shares a day, it means that every day they spend about $300,000 to support the share price.

  • Reply to


    by italianex1 May 7, 2015 1:39 PM
    henry_jerry777 henry_jerry777 May 8, 2015 12:33 AM Flag

    Basically I agree with audcbuyuot.
    However, I don't think that Shabtai will agree to sell the company for less than $12 a share.Anything below $12 will be considered a failure,especially after the recent $8 secondary .
    In order for him to sell at $12 he needs to first bring the market price to $10, and then find a buyer who will agree to pay 20% premium.
    I assume that the buyback is part of the plan to get the price to the desireable $10 target,but the buyback is not enough.
    To get there AUDC needs to show vision,growth and profits.
    A quarterly GAAP EPS of 15-20 cents will do the job.
    Is Shabtai capable to deliver such earnings ?
    I doubt he can,based on the history of the company.
    That's why I think that Shabtai should step down and a new CEO must be appointed.

  • It's now time for Shabtai to step down.
    Like John, Shabtai should stay as chairman and dedicate himself to find a buyer.

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