Well , I’ve been a long time supporter of Israel and the USA but when you see how Trump has behaved with other countries recently it’s very difficult to take what America says at face value .
What a great week , have a wonderful weekend everyone. Results out next week as well , no doubt the road will be bumpy ( it always is with HBR) but ultimately things will continue to move in right direction .
230 was touched again today ( albeit briefly before a drop) just need a bit more of an increase in oil price or some good news which will hopefully come on the 5th . 230 will soon become the support .
Buybacks can be a good thing and the management has to take the decisions on what is best for the company and share holders regarding these or paying off debt . I think it ultimately depends on how they see the future share price and don’t forget with every share bought back they are saving around a 9% dividend.
If you follow your that theory you could say that USA should own all of South America . They certainly wouldn’t be happy if China or Russia invaded a South American country , so where do you draw the line . Also don’t forget Greenland is protected by NATO of which America is part of ( for now)
If the tariffs come in I am going to follow the Canadians and stop buying American . At the moment they do very well out of me spending around £500 a month just on Amazon , then there is the iPhone , iPad , data, …….
Not a great day today but I fully expect HBR to kick its Friday habit and have a good day . Surely no one would be out over the weekend just in case it kicks off in Iran .
My understanding is that an algorithm of buying is agreed before the buy back begins. The company purchasing the shares can obviously not be privy to inside information as this would then be unlawful.