Selling treasury share could be a sign the management is planning for an bonus issue. Treasury share is not entitle for bonus issue. So why not selling now to book a profit than looking at a paper loss after bonus issue ? So don't draw conclusion blindly
hahahahhaha...laugh die ppl liao wei... selling treasury share meaning the company having prob? okie let me ask 1 question, why all treasury sold but the share price keep going UP? who is the buyer? why these people need to buy Old Town with higher share price? Bro think out of box pls..
On point No.1, It is not wrong to make any assumption when company is buying or selling its treasury shares, but buying or selling treasury shares does not mean the company is good or bad.
Author thinks it's time to sell when company has sold its treasury shares, my question is: what about if the company is buying its own shares? Time to follow & buy?
Nope, no one will buy just because the company is doing so. There are more important factors investors will consider before making decision:
The prospect, price & value of the company/business
On point 3, I am not sure why the company reduced its spending on "Purchase of trading merchandise, food, beverages and consumables".
May be the Company changed its strategy not to spend so much on the free goodies but spend somewhere else OR the company gets cheaper supplies of these items, so spend less?
But author never gave his assumption but assume this was something not supposed to happen & it will back to where it was.
What a legendary post!!! hongwwi85, i hv decided to follow your blog. I think i shud call u sifu man! Some sifu is so blur tat he dunno wat he is doing but u r my sifu!
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Posted by RainT > 2017-05-14 14:37 | Report Abuse
Less purchases material activity will not mean not good
Maybe in priori quarter management bought in many materials due to lower prices and recent quarter buy less