I would certainly NOT expect a share buyback for the following reasons: a) they have not bought back shares in the past; b) it is a highly cyclical company, you do not want this business to be levered in a downturn (and Mgmt doesnt either).
I agree, that mgmt should buy some shares on their own account, but they will decide to do it or not do it - their choice.
I assume that rather than buying back own shares (not a common thing in Germany), they will rather reinstate a small dividend.
CWL1, do we know AMS Market share in 3d sensing chips? Who else would be potential customers for Aixtrons equipment here? Obviously AMS (or their partner) already have a nice machine park from Aixtron, so no need for incremental machines..
Any read from Texas Instruments or STMicro results for Aixtron? |