ks55Look at the difference between share buy back and share bought by WC.
Share buy back always at 1649hr with price 20 or 30 bids higher than last transaction at 1645hr. Volume for share buy back always account for 50% or higher of the total volume. Why so? Ah Kong's money.
Now our hero WC buy PHH. How did he buy? Park at the lowest price so people will throw to him. How much he buy each time? 20k? 30k? 40k? And he did not buy everyday! Why? He has to use his own money.
Why share buy back already stop? Probably PHH has no more cash to buy back its own share!
rlchAlthough I bought Parkson 2 times earlier this year I dare go in now despite price has dropped due to 1) EPS has dropped over the years due to rising cost like rental, staff cost 2) Share buy back stop as ks55 mention due to lack of cash? If want to get dividend better buy Reit stocks which can charge their tenants higher rental.