Posted by wploun > 2014-10-02 17:08 | Report Abuse

Don't sell at low price, company buyback will need to buy high, than the price will move up.

Posted by Edward Pang > 2014-10-02 18:39 | Report Abuse

Today they buy back 50,000 shares again, I can sure that the shares are undervalued currently, that why they wanna buy back themselves.

Posted by Edward Pang > 2014-10-03 18:04 | Report Abuse

Buy back 300,000 shares again

Posted by wploun > 2014-10-07 17:54 | Report Abuse

Company will continue buyback the share (10% share from market). This 2 week cummulate just buy back 600K (average $0.215/share), so cheap for the company to buyback. Don't sell your share at low price.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1757929

Posted by Edward Pang > 2014-10-08 21:23 | Report Abuse

today OVERSEA's share price dropped to 21 cents, they buyback at cheaper price.

wploun, do u know what is their intention to buyback shares?

Posted by YC_Ma > 2014-10-10 16:29 | Report Abuse

Anybody can give some advise why oversea every day buy back the shares

Posted by Edward Pang > 2014-10-10 17:01 | Report Abuse

OVERSEA is planning to explore Taiwan market..

Posted by wploun > 2014-10-10 17:32 | Report Abuse

海外天（OVERSEA，0153，创业板）在台湾成立独资子公司台湾海外天（TaiwanHaewaytian），为拓展台湾市场铺路。台湾海外天缴足资本达100万令吉（约11万8500令吉)。该公司将在现财年，拨250万令吉添购新机械和增设新分店，平衡投资在旗下业务。
Question: 1) Need money to expand Taiwan market, 2) everyday buyback share, 3) need $2.5M to buy equipment & expand restorant. Company have a lot of money to execute this 3 plan? So, what do you think company buy back own share ??
http://www.nanyang.com/node/654822?tid=462

Posted by Edward Pang > 2014-10-10 22:14 | Report Abuse

Just giving my opinion:

1) & 3) After OVERSEA sold their unprofit restaurants, there should be a significant amount retained as their internal funds. Besides, as i know, currently OVERSEA is a debt-free company (means it doesn't owe any money to banks). Thus, i believe that it has the capability and not difficult to get bank loan, in order to finance the cost of project.

2) Usually, it is not difficult to guess their intention of buyback shares, a) the shares are undervalued currently, thats why they buyback now at lower price. b) they want to sustain their share price to avoid it further dropping.

Posted by meyer > 2014-10-11 22:56 | Report Abuse

Thank you, Edward Pang

Posted by Edward Pang > 2014-10-18 12:31 | Report Abuse

Welcome meyer, just giving opinion only.

From 24th September until 17 October 2014, OVERSEA has buyback total number of 3,305,300 shares with total consideration paid of RM 706,691.23. Since their total number of shares outstanding in market is approximately 245,416,667, this means that they already get back around 1.35% ownership of shares.

Conclusion: They buyback almost everyday especially when the market is doing not well.

Posted by wploun > 2014-10-20 13:26 | Report Abuse

Start cumulating stage price will move between $0.205 to $0.215?

Posted by Edward Pang > 2014-10-21 20:14 | Report Abuse

today they buyback 739,500 shares at price of 0.220 to 0.225

Posted by kuihmoi > 2014-10-27 19:12 | Report Abuse

look like boss selling and company is buying . market wont have much shares to go around .top 30 is holding 80% and why is there selling or seller everyday ?

Posted by Edward Pang > 2014-10-28 18:25 | Report Abuse

i can confirm that the people who buying and selling shares are those retail investors. The announcement will be posted in Bursa Malaysia if OVERSEA or insiders bought or sold their shares.

Posted by kuihmoi > 2014-10-28 19:53 | Report Abuse

aiya there is something called nominees

Posted by Edward Pang > 2014-10-30 18:58 | Report Abuse

Even though they sell shares through nominees, I think they also need report to bursa right? And bursa will post the annoucement in website

Posted by Edward Pang > 2014-11-02 14:45 | Report Abuse

Soon 20~29th November OVERSEA will have to release their quarter report

Posted by gray > 2014-11-03 23:48 | Report Abuse

buy back is bad news,,,, dun touch

Posted by Edward Pang > 2014-11-04 00:33 | Report Abuse

gray how to say?

Posted by chebicef > 2014-11-12 08:07 | Report Abuse

watch

Posted by Edward Pang > 2014-11-19 17:38 | Report Abuse

Quarter financial result out

Posted by Edward Pang > 2014-11-21 18:39 | Report Abuse

declare dividend 0.3 cents, ex-date 5 Dec 2014

Posted by Mike Chu Chin Hong > 2014-12-05 16:39 | Report Abuse

Today announce dividen already?

Posted by Edward Pang > 2014-12-05 18:18 | Report Abuse

Today is ex-date, if u kept shares for today, u will be entitled to get dividend payment soon :)

Posted by thunderbird > 2014-12-09 09:22 | Report Abuse

dividend so little, but better than nothing....i am still holding..... loosing like hell

Posted by sron97g > 2015-01-17 05:40 | Report Abuse

Hi fren this share incubating, any news to share?

Posted by Edward Pang > 2015-01-19 21:56 | Report Abuse

Waiting for February financial result

Posted by uncle > 2015-01-27 10:12 | Report Abuse

Masa untuk lou yee sang KAKI SNIPER !!!

Posted by sron97g > 2015-02-03 09:56 | Report Abuse

uncle lou the mkt first then only yee sang

Posted by Edward Pang > 2015-02-05 17:51 | Report Abuse

Their main office move to Seri Gembira Avenue (KL)? New office?

Posted by joerakmo > 2015-02-06 20:36 | Report Abuse

Bumi placement????huh!! halal, tak halal???

Posted by sron97g > 2015-02-16 18:42 | Report Abuse

better rename localsea, results no good

Posted by scarface > 2015-08-25 19:45 | Report Abuse

lup sup share lar this 1

Posted by kakashit > 2015-12-11 14:42 | Report Abuse

pls go to 20cents,唔该

Posted by Jolin Lai Chi Pet > 2015-12-14 12:31 | Report Abuse

almost very week i eat at Oversea restaurant. Their service is very good and the food is superb..............this is an excellent company!!!!!!!!!I will keep buying b4 it reach 50cents....

Posted by lstan > 2015-12-22 10:59 | Report Abuse

Hi..hi Buy in 0.165......

Posted by darkxfs > 2016-02-15 18:45 | Report Abuse

justnow buy 28k at 0.160

Posted by malinfan > 2016-02-23 10:31 | Report Abuse

why nobody cooking ? where is our cook ? .... si la like dat ...!

Posted by malinfan > 2016-03-03 10:32 | Report Abuse

hahahaha...still kenot find the cook? die liao ....

Posted by Jolin Lai Chi Pet > 2016-03-28 12:54 | Report Abuse

Then master chef is on sick leave, after he recover then this stock will shoot up!!!!

Posted by malinfan > 2016-05-03 15:52 | Report Abuse

hahaha² ..... laugh die me liao ....

Posted by malinfan > 2016-05-11 09:47 | Report Abuse

海外天 阿唱哥 , is very good cook .... but he too old liao.....

Posted by Jolin Lai Chi Pet > 2016-05-12 07:21 | Report Abuse

age is not a problem. The most important is cooking skills. He can cook abalone and shark fins very well. His knives skill is fast and furious.....................Oversea is totally a good BUY!!!

Posted by malinfan > 2016-05-12 16:32 | Report Abuse

Yeah?.....but, he only cook once a year ler.....all people are staving here liao....

Posted by malinfan > 2016-05-16 14:59 | Report Abuse

hahahaha....the good cook came back alrdy...... so yummy, my fingers licking good too....

Posted by johannlo > 2016-05-19 11:47 | Report Abuse

Expected good qtr result releasing around the corner. TP 0.25 very soon. Dont miss the boat.

Posted by bullethabis > 2016-05-23 14:50 | Report Abuse

cook cook cook. just wait for the right time

Posted by kakashit > 2016-09-01 10:32 | Report Abuse

I hv been to the agm recently in Sri Petaling. Turning into mainboard is in the pipeline, 7mil ringgit from Bumiputera allotment will be pumped into the company.

Btw, very hard to find parking there, next time must take Uber

Posted by fazlyfaruc > 2017-02-15 11:08 | Report Abuse

time have come..hcny