One more point on the company buying back shares...
While it is true that a director engaging in adding shares to his/her portfolio of said company is a better sign of confidence than, say, the company buying back it's own shares...
I personally have more emphasis on the director's disposal of shares as opposed to the acquisition of new ones.
A quick look at the director's transaction history reveals that there has not been any disposition as of late. (As a matter of fact... there are a bunch of DRP executions dated 08/21)
qtr results when? this Friday latest I suppose...profit forecast at? 55 to 65 mil? pe at 4, looks a bit too low...compare to others, I put fair price at 1.7
Thanks. Normally, buy back is when the company is very confident of their performance thus, want to keep more of themselves. But, can also be because they want to boost the attractiveness of their stock. Anyway, will monitor their upcoming result. If result maintained or slightly grow, very good already cos, very low PE
I lean more toward long term when it comes to picking stocks. I put down 1.87... I will check reports when they come out... life is good. No much else can be said.
NOOb. Have a very good and safe trip. Will miss your contribution. Maybe you can still post from where you are going. I posted last year from the Eastern Himalayas on a very weak internet line.
I expect China to roll out some infrastructure investment stimulus as well. Cannot rebalance to consumption based growth by suddenly reducing capital investment.
If got special dividend then watch out for the wolves and their KSL insiders handlers. If KSL don't support price with share buy-back to ward off raids by wolves, likely there be drastic sell-down like Dec 2014 and Feb 2015, this time when share price cross RM1.8 to RM2!
red_85 my friend just alert me, tmr quarter report is good and better than expected..ask me chase this ksl..will be a big gap next monday 27/08/2015 14:09
kenneth89 BUY NOW BEFORE IT REACH 2.50 28/08/2015 09:45
gt91 QR better than expected, fly to 1.5 today =) 1650 klse 28/08/2015 10:12
red_85, gt91, kenneth89. You all post like have insider info on the results, so what is the new forecast, and what was the original 'bad' expectation?
2.50 is too far fetch lor, but short term wise it is likely to test 1.45, chart ald showing reversal trend for past 2 trading days, let c whether can break 1.45, if manage to break 1.45 resistance there will be more room to go up
haha..i think my friend is zhun..he has good relationship with fund house...he said fund houses have their own estimation/expectation for KSL, but they received news it is better than their expectation..hence some ppl might wallop the share once got this news..
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....
N00b
380 posts
Posted by N00b > 2015-08-26 09:38 | Report Abuse
Good morning
I'll leave you with this...
http://s30.postimg.org/d4nkbuy69/Screen_Shot_2015_08_26_at_9_32_17_AM.png
Things could get ugly for the S&P.