Posted by smartly > 2014-01-09 17:34 | Report Abuse

sbb up till 1.88 but being bashed down to 1.86. :(

Posted by hng33 > 2014-01-09 18:02 | Report Abuse

YTLP sbb still stick to principal strategy to buyback as much volume but at lowest possible cost. As long as sbb continue and buyback rate above 60% of daily total volume, due to supply and demand factor + the fact that only accumulation from open market without distribution back, free float will decreasing bit by but, share price will gradually in upward bias.

Posted by ta5851 > 2014-01-09 18:15 | Report Abuse

For the coming Q report, is it true that the EPS will increase by about 9% even if the sbb share is not cancelled yet? Since the eps is dividing by less share now?

Posted by Fat Cat Tim Buddy > 2014-01-09 19:11 | Report Abuse

cunning uncle yeoh tactic is... :

i dont pay dividend, i dont share buy back higher , i am ceo and son of the founder, i eat big fat paycheck, i can wait, if you cannot wait then sell to me cheaply la... kikiki...

Posted by Jerry > 2014-01-09 19:14 | Report Abuse

wah fat cat a lil bit smart jor wor.. Know how he think Clap clap clap... but you still failed to catch me, blekkkkk :P

Posted by kimici > 2014-01-10 08:21 | Report Abuse

Here comes the Tom & Jerry buddy...lol

Posted by hng33 > 2014-01-10 09:32 | Report Abuse

sbb today wake up very early, already in action.

Posted by smartly > 2014-01-10 09:39 | Report Abuse

hope can stay 1.88 & above.

Posted by hng33 > 2014-01-10 09:54 | Report Abuse

Whether or not YTLP can stay above 1.88 or breaking resistance level at 1.90, all depend on seller....if seller willing to sell at lower price, sbb just need to wait to absorb, if seller van hold back, then sbb will force to engulf at higher bid.

Posted by smartly > 2014-01-10 10:07 | Report Abuse

partly also because sbb cannot just buy-in in large scale as their 10% ceiling is nearly filling up.
need to use sbb with cautious till another round of cancellation take place.

Posted by smartly > 2014-01-10 10:08 | Report Abuse

i think the cancellation is not anytime soon.
may be got to wait after cny. :(

Posted by smartly > 2014-01-10 10:11 | Report Abuse

hopefully with the remaining sbb, can act as price stabilizer good enough ed.

Posted by hng33 > 2014-01-10 10:15 | Report Abuse

With current treasury stock at 8.77%, there is still remaining 1.23% available quota. Based on current speed of buyback %, 0.01-0.02%, its still need to take about 3 month (60 trading days) to accumulate. The low buyback % is largely due to current low free float (<10%) share and low trading volume, despite sbb still keep on buyback rate above 70% of daily volume.

Posted by hng33 > 2014-01-10 10:42 | Report Abuse

If we check back previous sbb buyback record, the increase in buyback % is direct relation with increase in trade volume, which mean if volume is increase, sbb accumulate much more share.....the major characteristic is that whenever there was big seller volume ahead, like 1m share, most often sbb like to engulf. However, current situation has change, there is no more big seller volume queue ahead....sbb becoming less motivated.....less volume accumulation despite maintain buyback rate above 70% of daily volume.

Posted by smartly > 2014-01-10 10:43 | Report Abuse

1.23% around 88m shares. 88/2 = 44 trading days. around 2.5 - 3 months. in end MAR 2014 sbb will be dried up.

Posted by hng33 > 2014-01-10 10:46 | Report Abuse

Nonetheless, if sbb like to take more initiative, to move up bid higher in order to seduce more seller volume, e.g. move up share price above resistance level 1.90 or even RM 2.00, it will definitely encounter more seller volume, then the current remaining quota can be fill up in just few days.

The good thing is that sbb seem taking action now :)

Posted by hng33 > 2014-01-10 10:46 | Report Abuse

1.89 now

Posted by smartly > 2014-01-10 10:46 | Report Abuse

show time ?

Posted by gark > 2014-01-10 10:46 | Report Abuse

can the cancellation be done anytime or need AGM approval?

Posted by smartly > 2014-01-10 10:48 | Report Abuse

wb laggard.

Posted by hng33 > 2014-01-10 10:48 | Report Abuse

Cancellation of treasury share is a matter of management decision, its a matter of time and wait the extend that if quota almost full.

Posted by hng33 > 2014-01-10 10:50 | Report Abuse

AGM already approve board to buyback up to 10% treasury, if cancel, can continue buyback another 10% base on reduce total volume

Posted by hng33 > 2014-01-10 11:04 | Report Abuse

Good strategy adopt by sbb nowadays. Move up bid to seduce seller volume, but at the same time keep on another strategy to buy as much volume but at lowest possible cost.

e.g. by keep buy bid in lower volume then seller volume to encourage seller to give up their share and later quick top up buy volume again in order to accumulate more volume, repeat again again

Posted by hng33 > 2014-01-10 11:10 | Report Abuse

WB still less confident, awaiting for more clearer upward from its mum...too bad, already fully invested already....concentrate only two stocks in portfolio now. YTLP-WB (82%)and TMS (18%)

Posted by smartly > 2014-01-10 11:39 | Report Abuse

everyday up 1 - 2c enough liao.

Posted by hng33 > 2014-01-10 11:42 | Report Abuse

Ha! if up 1 or 2sen still failed to buyback more share, sbb need more aggressive already, as seller volume is getting smaller now as most of the motivated seller already give up their share and absorb back by sbb.

Posted by Jack Knight > 2014-01-10 11:43 | Report Abuse

if u queue low, it will play hard to get with u, just like a pretty girl

Posted by hng33 > 2014-01-10 11:44 | Report Abuse

sbb keep top up volume at 1.88 :D)

Posted by Jack Knight > 2014-01-10 11:45 | Report Abuse

88 mah... good fortune lol. everyday there's 4 ticks range

Posted by smartly > 2014-01-10 11:47 | Report Abuse

same pattern like yesterday, keep sapu 1.88.
may be toward last minute, back to 1.86.

Posted by smartly > 2014-01-10 11:50 | Report Abuse

retailers cannot be happy that much of shares to sell.
suspect those sellers are from instituational players.

Posted by smartly > 2014-01-10 11:53 | Report Abuse

*having

Posted by hng33 > 2014-01-10 12:48 | Report Abuse

So far, morning session trading volume already about yesterday total volume, Hope afternoon session volume can at least maintain at current momentum, then can confirm sbb accumulate more than double yesterday volume :D)

Posted by smartly > 2014-01-10 14:57 | Report Abuse

leap the price to 1.90. :)

Posted by hng33 > 2014-01-10 15:03 | Report Abuse

possible.....:D)

Posted by smartly > 2014-01-10 15:16 | Report Abuse

1.90 will only happened in last minute push.

Posted by hng33 > 2014-01-10 15:28 | Report Abuse

last 5 min bidding time is crucial, if seller wan to sell crazy low, then perhaps sbb will just stay back again :(

Posted by hng33 > 2014-01-10 15:31 | Report Abuse

Engulf 1.89

Posted by cgtan2020 > 2014-01-10 15:32 | Report Abuse

coming!!!

Posted by smartly > 2014-01-10 15:35 | Report Abuse

1.90 will do for today. :)

Posted by smartly > 2014-01-10 15:36 | Report Abuse

keep it up. !!!

Posted by smartly > 2014-01-10 15:38 | Report Abuse

67sen is cheap for son.
faster go grab.....

Posted by Jack Knight > 2014-01-10 15:40 | Report Abuse

oh crap... back to sbb style again. sbb is competing with me again. they keep sapu all and pushing up the bid price level

Posted by Jack Knight > 2014-01-10 15:41 | Report Abuse

smartly, which son u talking abt? when expiry?

Posted by smartly > 2014-01-10 15:42 | Report Abuse

ytlp-wb. at discount now.

Posted by smartly > 2014-01-10 15:43 | Report Abuse

ytl also can grab at 1.58.

Posted by smartly > 2014-01-10 15:44 | Report Abuse

if mum past 1.90, son is extremely cheap, must grab now before it get expensive.

Posted by Jack Knight > 2014-01-10 15:49 | Report Abuse

this sbb very kiasu one

Posted by hng33 > 2014-01-10 15:50 | Report Abuse

sbb is waiting to slowly eat up volume at 1.89

Posted by Jack Knight > 2014-01-10 15:50 | Report Abuse

smartly, but ytlpowr-wb is trending downward technically. i'm not confident. wat makes u so confident? can share?