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Re: lowman post# 48837

Friday, 05/18/2012 11:29:22 PM

Friday, May 18, 2012 11:29:22 PM

Post# of 232508
I don't agree with what you're saying.

If you were to poll KMAG shareholders as to why they are here, I doubt it's for KMAG/CEO's share buyback. It isn't for me and I doubt it is for most others. Perhaps the Mods can do a Poll as to the number one reason investors own KMAG.

The number one reason for owning shares is I see a Pinky that is NET cash flow positive and experiencing exponential growth and is grossly undervalued.

Perhaps the number 2 reason is extreme transparency, a communicative, proactive and innovative CEO in Mr. Reid. We all know the old adage about solid Management and stocks.

I love the market segment as RFID is a virtually new market and growing very rapidly. New technologies earn higher margins than older commodity based businesses with endless competitors. Also, KMAG has a niche within the RFID market with their own patents and this again enables yet higher margins.

The share buyback is a bonus. It isn't a high priority if they by back an extra 10 million shares this quarter. IF they announce they bought back that 10 mil and are leaving the buyback open during the next quarter when they have far more discretionary funds, that would mean something.

During the violent selloff, shareholders from the .000's sold to save profits. We now have a new basis from .0035 and much of the .000 shares have been turned over at this new level. New profits and performance will drive the price and KMAGS buyback of any amount will create a tightened inventory and drive the price.

Just one guys opinion.