It is not fair to say like this. Every company has the right to do this. And many companies have been doing this practice. Please go to talk other companies as well.
If not mistaken, hevea has quite a lot of debts and instead of paying its debts down further, it uses valuable resource to buy back its shares...what a thoughtless idea.
No major capex required in near term. Nothing wrong to use excess cash to perform share buy back when share price has dropped to an attractive level
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Posted by voonyoke > 2016-02-12 14:51 | Report Abuse
It is not fair to say like this. Every company has the right to do this. And many companies have been doing this practice. Please go to talk other companies as well.