Share buy back is a stabilizing pill to all shareholders. Under normal circumstances SBB only happens when prices is high enough. Not time yet I think.
If u were to look back the history of Genting, Genm, Magnum , SBB only carried out when share price was trading high. For this , the high is yet to come .
@yee9766 thanks for your info. Just on curiosity, why Share buy-back only occured when price is high enough? then the cost of purchase of the Company will be higher?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ezobear
474 posts
Posted by ezobear > 2017-02-06 16:19 | Report Abuse
as predicted .. hit one year high @ 0.145 ... but will only close @ 0.14 ... slow & steady!