what is the effect of share buyback? I think this is a good thing as the company think that their company is undervalue, so they buy outstanding share. this help to increase eps. (please correct me if I am wrong)
Must? where got such thing as must lah :) looks more likely that Scomis 'must' go up due to better result :) of course if you give Ayatollah a big kick up his A$%e than he sure go UP :)
No worries Rocket - not too bad but Scomi not out of the woods yet - but a lot better than the last 2 qtrs - the thing is Scomies seems to be the better bet judging from the results of the 2 :)
In Scomi's next AGM they will be asking for approval for share buy back. Anybody can advice on the impact to their shares
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Posted by topseeker > 2013-07-31 09:39 | Report Abuse
what is the effect of share buyback? I think this is a good thing as the company think that their company is undervalue, so they buy outstanding share. this help to increase eps. (please correct me if I am wrong)