fong7according to rhb report, 80% of its business is related to USD.
fong7however, when RAPID comes in, there will be less weight depending on foreign business since now foreign companies all cut budget.
thiam1129On 20 oct. 2014, Pantech announced Loan Stock Interest 3.5%. Can someone tell me what is this and who paid to who?
tenys1227I am quite sure pantech will benefit from rapid project. Thanks to the strong USD, it is good for pantech because they have do domestic and comestic business all the time. Export will gain from strong USD, and local market will try to buy more from local supplier if they need the product from Pantech due to weak ringgit.
Kenny Kohrenewal and share buy back means what? anyone can enlighten me?
tenys1227Bro, you can read the rational advantages and disadvantages in the proposal of renewal and share buy back. Pantech will buy back it own shares and it help to stabilize the share price, and due to the qty of share is the market is lesser then EPS will be increase which mean better value for the shareholder.
Potential disadvantages are company cash reserve will be lower in amount due company need to buy back its own shares. And it may cause to loss up other better investment for the cash that use to buy back the share.
In my opinion, share buy back is good at this moment due overall oil and gas business environment is pessimistic. Rather than invest in uncertainty, invest in own undervalue counter is good for every shareholder for this counter. Would be the best if existing management buy the share in the open market themselves then it will help people like me to be more confident in the company fair value and standstill with the company during this weak time.
Kenny Kohall and all is positive approach buying back.. thanks for the sharing.."like"
Jason Limtenys, thanks for enlightening the above....