- $144 million sales proceeds start coming in. That's $15+ cash per share that they are expecting.
- Next earnings show more growth/earnings per share increase.
- Share buy back. Only 8+ million shares.
- Dividend announcement.
Anything, and with the small float, wouldn't take much to get to $5, or even $10. With a book value of $25, no reason why we couldn't see $20+ over the next couple years.
$3.50 by EOY 2017.
Earnings soon? Revenue and EPS have been positive. Hopefully it'll continue. Hoping for some positive news in their conference call as well. Update on proceeds from the sale, buybacks, dividends, etc.? Anything to help the share price move. Management needs to do something to gain investor confidence.
Can they one day match their $25+ book value price?
As much as I like dividends, I love buybacks more. Imagine how many shares they could buy back with $140 million in cash. That's $15+ a share.
Hopefully the sale proceeds will come in large chunks and not trickle in.
- After the sale proceeds, the company will have over $15.00 a share, just in cash. - $.94 EPS in 2016 and 2017 is supposed to be better. - Book value approaching $25.00 a share.
Management should be implementing buybacks, as long as the share price is under the book value of $25.00. Share price should be a minimum of $17.00. If they did initiate a buyback program, we would see $17.00+ a share.
However, I'd take a quarterly dividend of $.25. Earnings alone would pay the dividend each quarter, and they'd still have $144 million to work with.
There are only just over 7 million shares in the float, so any positive news will cause share price to go up quick. Feel bad for anyone shorting this stock right now. Wouldn't want to be short.
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same old story with this stock...... they tried reverse split to keep it above 1$. everybody that owned the stock at that time is still underwater. shameful company.
I got left holding the bag
Long Day ... Sold at 3.06 for a small gain
Can this have one last Pop up ( spike ) for the day or was i wrong?
$LEDS with 500k reports today. Is $LEDS next to run like $CNTF?
This is going to 150 to 200% Today.
This should go to 3.40 to 3.70 roughly today... All we need is the shorts to get out and longs to buy. that will make this soar More....!
This combo commercial real estate and ruggedized, niche mobile device conglomerate is going to rocket leading up to yearly earnings call and after, to $3+.share at least, maybe to $4 or $5 fast
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Nice Close - one big block. No other news that I saw. - Lets see what happens Monday...!
VERY NICE Pump and Dump !!!
Always amazes me how effective they can be.
Someone wants out badly ....
cntf says CAAS wat way
Les sell a couple buildings and buy back half he shares. - Have to do something to unlock value here...Crazy cheap!.