don't understand. NTA 0.26, is it wise to use company's own money to buy back it's own share at twice it's NTA price? isn't it like buying back my own RM1 with RM2? someone can enlighten me please
let's say the company is actually worth more than 0.57. then why don't the owner (super tycoon) just privatize the company with his own money? instead of doing buy back with the company's left over cash? company current asset's is less than total liabilities from what I checked. won't that act put the company into a much difficult situation with increased debt?
Sincere Most times its due to promises the Vendor/s gives out to "Others" to buy big blocks of shares. Now these share owners are suffering low price and will bang table and remind majority owners aka Vendor/s on "promises" now deemed empty. 😁
Smart feller will do something to help like say share buy back. Who wants people banging on your table all the time?
after that Vendor/s will be left alone. At least he tried. 😁
first, ada sokongan golongan diraja. second, pihak mgmt anggap undervalued kini sebab menurut kewangan korporat, ada beberapa kaedah untuk menilai harga syer seperti NBV, P/E, P/B dan banyak lagi
before puak arab-yahudi berperang, harga sesaham bjfood RM1++ kini yahudi dah menang dan peperangan akan tamat anytime, bjfood akan balik RM1++ kot? stay invested and cool ya
NBV is just one of the methods and not the only method for valuing the shares of companies. Most companies have higher market price than NBV, except those unwanted penny stocks due to corporate governance issues, no real business, etc.
Steven Spielberg, Mel Brooks, Oliver Stone, Aaron Spelling (Beverly Hills 90210), Neil Simon (The Odd Couple), Andrew Vaina (Rambo 1- 2-3), Michael Man (Starsky and Hutch), Milos Forman (One Flew Over The Cuckoo’s Nest), Douglas Fairbanks (The Thief Of Baghdad) and Ivan Reitman (Ghostbusters) – semuanya adalah Yahudi.
saya tak akan jual dibawah 60sen hehe direct biz transactions pun tak pernah dibawah 60sen tahun ini History Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks 06/02/2024 00:00:00 0.6000 0.0400 3.205m 21.210m 1.923m 12.726m 0.6000 0.1646 - 06/02/2024 00:00:00 0.6000 0.0400 7.400m 21.210m 4.440m 12.726m 0.6000 0.3799 - 06/02/2024 00:00:00 0.6000 0.0400 10.605m 21.210m 6.363m 12.726m 0.6000 0.5445 - 31/01/2024 00:00:00 0.6100 0.0500 10.716m 10.716m 6.537m 6.537m 0.6100 0.5502 -
@Good123 please mind your words ya. here is Malaysia and many are Muslims here. myself also. not going to debate with you regarding whether to boikot or not. but pro Israel words can be taken action here in Malaysia if caught
Kamu nak sokong puak arab, your personal decision, your worldview. We are not obliged to support the arab or jews. Which act of law mentioned that malaysians cannot have their own opinions on jews or arab?
@SincereStock
@Good123 please mind your words ya. here is Malaysia and many are Muslims here. myself also. not going to debate with you regarding whether to boikot or not. but pro Israel words can be taken action here in Malaysia if caught
BoArD oF DireCtors Dato’ seri Diraja tunku shazuddin Ariff ibni sultan sallehuddin Chairman/Independent Non-Executive Director Dato’ sydney lawrance Quays Director and Chief Executive Officer Chryseis tan sheik ling Dato’ (Dr) mustapha Bin Abd hamid tan thiam Chai Non-Independent Non-Executive Directors Datin Chee Yoke Kuan Wan nor Aida Binti Wan Azmi Independent Non-Executive Directors
In first acknowledgement of significant losses, Hamas official says some 6,000 operatives killed in Gaza fighting By AGENCIES 19 February 2024, 8:58 am
yahudi akan serang sampai hamas dihancurkan kerana merogol wanita yahudi. Usah risau, wars akan berakhir tak lama lagi, puak hamas arab bukan lawan yahudi. :) Israel submits report to UN on Hamas’s mass weaponization of rape Written by umbrella organization of rape crisis centers, grim document reviews Palestinian terror group’s strategic use of sexual violence, as deniers abound By TOI STAFF 21 February 2024, 5:17 pm
People need to be informed to make informed decision. Not fly fly, next week fly! Fingers crossed.. goodness.. some people trying to invest with hard earned money. You should tell people to EP only when the political turmoil and situation recovers and one can see more people at Starbucks in Malaysia.
https://klse.i3investor.com/web/blog/detail/MplusOnline/2024-02-22-story-h-188272886-Mplus_Market_Pulse_22_Feb_2024 reported RM42.6m loss, of which RM10.5m is one off from disposal of Jollibean interest. Still the question remains for the remaining ~RM32m. This means BJFOOD is non-profitable operations as is. Sales need to pick up to tip this loss over; perhaps some painful cost cutting may yield some profitability. Still out in the woods, wait for next qtr results before making any conclusions.
BJFOOD had in recent year embarked on outlet expansion. Another round of impairment losses to close unprofitable outlets? Wooing an irrational crowd bent on misguided boycott is an impossible goal. The attrition is permanent for many segments. Gives rise to competitor opportunity, and if well executed will continue to eat away market-share.
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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....
Good123
26,764 posts
Posted by Good123 > 2024-02-23 12:38 | Report Abuse
Hah sudah 56.5sen :)