- Better growth
- Reaffirms full year
- Iowa purchase of more assets
- Stock repurchase during quarter, average price paid of over $5800/share
- No mention of sale so that seems to be off the table
I'm holding on and crossing my fingers
Forever - If you get that price, you have had a great day.
I still think that is a fair price. If someone pays 5x's EBITDA we get about $7200 (5 x $38MM - $32MM debt = $7200_
6x's = almost $9000
5.5x's would be your price
You are correct about net buyback. Looks like people agree with you as bid/ask is below yesterday's close. I'm not selling. I still think this is the space you need to be in.
Nothing special this quarter (a miss on revs) but they reaffirm for year.
Silent on outstanding bid.
They confirm they have been buying stock. Between 1/1/15-3/31/15 company purchased 119 shares at just under $5000/share. I think this is a very bullish sign as company clearly wants to reduce and I'm guessing they have been buying lately as well.
I cannot figure out what is going on. 1st Q report should be filed tomorrow. 2015 Annual report should be out any day. Hopefully they shed some light on this.