There are better options to invest money with better outcome than Bursa. Why argue on the fact it is slowing down or had not been improved for the last 10 years ? We should look on the brighter view instead or arguing on facts we camt changed.
Even Bloomberg also not good in analysing. So guys, please dont believe blindly what so called experts or media promoting, they r just a bunch of sharks working for own benefits. Know what you want in market and be careful of the trap.
In addition, companies that buy back their shares often believe:
The stock is undervalued and a good buy at the current market price. Billionaire investor Warren Buffett utilizes stock buybacks when he feels that shares of his own company, Berkshire Hathaway Inc. (BRK.A), are trading at too low a level. However, the annual report emphasizes that Berkshire's directors will only authorize repurchases at a price they believe to be well below intrinsic value.5 A buyback will create a level of support for the stock, especially during a recessionary period or during a market correction. A buyback will increase share prices. Stocks trade in part based upon supply and demand and a reduction in the number of outstanding shares often precipitates a price increase. Therefore, a company can bring about an increase in its stock value by creating a supply shock via a share repurchase.
Dont listen to averaging down nonsense unless u are Jho Low and has tons of money to burn. if keep averaging down, really go Holland. Everyday slipped 1-2%. After the speculative investment died off, the price only will lay flat. So many companies are getting into gloves companyaround the world and our local gov imposed higher tax and stamp duty for companies. Smart companies sure will go India or Vietnam to invest there. That's how I invest, set cut loss point at 8-15%. Why chasing low when it is sliding, it is going to be mayhem.
Those who still dream in glove lalaland please get things straight, Whether there is new variants or not, are you wearing gloves now ? The gloves only applied to those front liners. The market is saturating since the start of covid (that's why the price pushed up so high at the beginning). This is not a new high tech industry like chips, everyone around the world is eating up the cake. Going down the road when supply is too high, price dumping is going to happen, Lower cost labour like Vietnam and China will lead the industry soon. But if you bought before pandamic, you can keep holding it as it is still profitable.
Let's see what will happen next year. I will move my capital elsewhere.