Regarding the huge share buy back its interesting
Post# of 96879
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Posted On: 01/07/2018 4:33:04 PM
Regarding the huge share buy back its interesting they are using only "10% of profits" for the buyback meaning the 21M will be solely used for movie studio deals and M & A. IMO these studio deals are already inked and the addition of A-list content is imminent.
That NTEK appears very confident utilizing a mere 10% of profits is enough for this huge share buyback also means they are projecting mega revenues and very nice profit margins to pay for this extremely aggressive BB and SH friendly plan.
That NTEK appears very confident utilizing a mere 10% of profits is enough for this huge share buyback also means they are projecting mega revenues and very nice profit margins to pay for this extremely aggressive BB and SH friendly plan.
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