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Camtek LTD. (CAMT) Message Board

rkoenn 2 posts  |  Last Activity: Jun 8, 2015 4:50 PM Member since: Mar 17, 1999
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  • If Mr. Jin is quick he can now lower his offer to $8.86 and buy the company at an even bigger steal, quite literally!

  • Well while most Seeking Alpha articles are very biased, along with this one, it does make perfect sense at least. This buyout offer is a total sham and very much a crime if it were accepted by the board. Mr. Jin knows he walks away with at least a double on his purchase immediately simply based on the book value. And with the solar market now very profitable and likely to become more so he would probably see a triple in the next couple of years. If the board agrees to this offer they are totally ignoring any respect towards share holders, many who have already seen their investment down at least a half from their purchase price. Is there a way for share holders to express their concern with a possible acceptance of this absurd offer. Most companies that are quite profitable and in a growing segment of commerce would demand a premium while Jin's offer is a joke and simple thievery.

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