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Message Boards Settings Bonso Electronics Int'l (BNSO) - Quote Info
Re: buyback?     30-Sep-09 12:57 pm    
it was in their h1 earnings release jan, 2009.

"Also, we believe our shares are undervalued, and we will purchase our shares in the market. With the turnaround in the first half of the year, we have strengthened our Balance Sheet with the cash position at the end of the second quarter of $11.7 million, or approximately $2.11 per share."

also, i have learned that the delisting issue is real. it is not based on total mkt cap, but rather mkt cap less the shares help by officers and board members which is ~50% of outstanding shares. under this criteria they are not in compliance.

i'm still bullish though


Sentiment : Strong Buy
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percu2

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  Subject Author Rating Time of Post (ET)  
 
...
billycaprin... Rate it 19-Sep-09 11:52 am  
 
this is just noise that will quickly go away. mkt...
snil49 Rate it 21-Sep-09 03:18 pm  
 
i missed the part about an october buyback. ...
clarity100 Rate it 29-Sep-09 09:49 pm  
 
Re: buyback?
percu2 Not rated 30-Sep-09 12:57 pm  
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Bonso Electronics International Inc. (BNSO)

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