Disclaimer: These are excerpts from student assignments conducted as part of a Corporate Finance class. The opinions represented do not necessarily agree with mine. I do not vouch for the quality of the recommendations or the accuracy of the numbers. Follow the recommendations on your own risk.
Current directors are experienced but have been directors for a long time. Students mixed on re-election, ask for new ideas
Students point out that PYI has not paid dividends for 2 years – time to reconsider?
PYI needs to reverse bad performance of last 2 years, stabilize cash flows, restructuring plans to secure long-term development, students comment
Students suggest increasing stake in Paul Y Engineering to bring it to majority control
On the proposed authorization to repurchase shares: students find PYI has too little debt and think timing for repurchase is good due to low valuation
|Excerpt of Student Recommendations
|(3)Authority/limits to issue and repurchase shares
Link to proxy statement: