Full-year revenue fell 1.11% to RM602.47m from RM609.22m, as the oil and gas business slowdown more than offset higher sales from the manufacturing segment. (The Edge)
i think this is NOT SHARE BUYBACK cos if it was they would have declared yesterday it sel. Then who are the big value buyers who is asking for 200k ets and buying in 100k? Ithink yhe lower profit was expected and was priced in the when before the results. Is this share worth much more that we think? People buying at this lowered price? Shouldnt the management keep the price at 385 as per dvidend declaration in shares? Director should be more proactive.
this counter is quite stable even with last week down, the lowest it go only 0.355. Currently holding at 0.360 and will definitey continue to hold. Anyway, don’t know what to buy either. haha
At this moment , support by management and fund managers will reflect a goodwill and maintain a good image for share punters to hold on to their investments for long term.. tis is a win-win situation and image buildup for CEO/Directors/Founders
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....
tollebunsmith
4,277 posts
Posted by tollebunsmith > 2020-06-12 14:31 | Report Abuse
i think 100uniter is here in the morning, i think he is very rich