I would prefer Directors pay more dividends rather than spent Money on share buyback. If only directors declared more dividends, then, the share price would naturally up and may not need to buy back to support its shares.
If the latitude project is cancelled (which may not be a bad thing since the market is so soft right now) the key point would be the amount of compensation that would be paid out to Crest Builder. With the Prasarana chairman Tajuddin conflict of interest and MACC's potential investigation into this, it may be difficult for Crest Builder to get a good compensation for the cancellation.
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....
chankp7010
611 posts
Posted by chankp7010 > 2020-02-06 14:44 | Report Abuse
I would prefer Directors pay more dividends rather than spent Money on share buyback.
If only directors declared more dividends, then, the share price would naturally up and may not
need to buy back to support its shares.