Posted by SANG-JERO > Aug 14, 2013 09:23 AM | Report Abuse X
Pantech AGM on 29 August 2013 at 10.00 am at Bahamas 2&3, Level 12, Sunway Resort Hotel.. to table Proposed Renewal of Share Buy-Back...The proposal will be tabled as Special Business...
Potential advantages:
1. Stabilise supply and demand as well as price of shares.
2.To retained as treasury shares or resold on BMSB at a higher price with the intention of realising potential capital gain for the company without affecting the total issued and paid up capital of the company.
3. Would effectively reduce the number of shares..therefore EPS of the company would be increased and would benefit the shareholders.
4. Shareholders may enjoy an increase in the value of their investment arising from the consequent increase in EPS.
share buy back will affect the cash dividend to shareholder and reduce the company cash flow. Company need to borrow money to share buy back, will increase the company liability, got risky...
When a Co decided to proposed for share buy back, they already hv the surplus fund n affecting the cash flow is very minimal. Instead it will reduce the number of shares floated in the open mkt n shareholders stand to gain as a result of increase in EPS. Furthermore share buy back wil not affect the cash dividends, becos it has already being accounted for when the Co has decided to reward its shareholders due to profitability n affordability.
Volume picking up. Not only the government support the mkt, retail investors also came in drove to render support to our mkt n quite a positive sign to resume uptrend nxt wk if no major bad news in the global mkt.
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....
hiddengem
1,186 posts
Posted by hiddengem > 2013-08-16 08:55 | Report Abuse
SANG-JERO tqvm 4 sharing. Wishing all PANTECH investors best of luck. 'HING AR' 'ONG AR' 'HUAT'