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  4. Hollund Industrial Marine Inc. (HIMR) Message Board

Keeks, would agree if the cost of borrowing was de

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Post# of 17862
Posted On: 04/11/2014 3:35:18 PM
Posted By: breezy
Re: keeks989 #14561
Keeks, would agree if the cost of borrowing was defined and contained...I don't want nothing to do with any shares tied up (or generated from ) loan contingencies.

Agree that if funds could be had at reasonable cost, it would be a better deal to fund the buyback than having to buy back shares at 2,3 4 x stock prices.....

I just don't know how realistic it is to raise funding for a buyback till they have proven deliveries, money received, and future orders. That's why I think it could be a possibility they raised some the way the had to and will deal with share prices on a buy back the way they have to....More power to them if they can get financing arranged on reasonable terms!!

I don't want to harp on that....by my calculations, using the 20 bill OSs, and very reasonable prices for tree sales with one 120, we have an extremely strong upside at a very low PE for a strong growth startup.

I feel good making that statement, so lower OS, higher prices for trees, or more interest from public/institutional investors make it intreging to me.

That's why I am still here and will be for awhile.


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