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Amkor Technology, Inc. Message Board

investalotmore1 2 posts  |  Last Activity: Oct 29, 2014 3:02 PM Member since: Aug 24, 2012
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  • Reply to

    Stock Buy Back Program

    by investalotmore1 Oct 14, 2014 2:54 PM
    investalotmore1 investalotmore1 Oct 29, 2014 3:02 PM Flag

    If it ever did sell and at what price is a decision that only Kim will make and if it is any where near the market stock price at the time that would just be a coincidence. I was told he had a number a few years ago. I have no idea what that number is today and if there even is one. I think the long term (5 year) company strategy has changed from selling the company at a premium price to meaningfully grow the business. With that time line management will be measured by results over a much greater period than quarterly results. That is my answer why Kelley didn't seem to be upset after giving such a terrible quarterly report.

    Many companies (like Dell) want to be private so they can enact their long term plan without the interference of share holders. Kim can have the best of both worlds as they control almost 2/3 of the company stock. He will run it like he owns 100%. If the other share holders make noise (as long as they do not violate any SEC rules) they could care less.

  • Reply to

    Stock Buy Back Program

    by investalotmore1 Oct 14, 2014 2:54 PM
    investalotmore1 investalotmore1 Oct 27, 2014 5:28 PM Flag

    I now can see why they did not restart the buy back program. They knew there would be a much lower price coming in Q4. How very disappointing. What are they going to do with all the extra capacity with K5? I'm sure it was to support Samsung sales and that reduction is what they said is the reason for the huge miss? Sure looks like they are sticking their neck out way out way too far. No turn around for at least 3 quarters.

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