my consultant friend told me all in place already. now just pending announcement. they have a few days to announce mar. if announce today, only have friday to react. perhaps Monday announcement?
my consultant friend at jalan ampang told me all settled liao... prominent award winning developer's high rise project in PJ. heard the size of the job is mid sized.
all sold with the news to lock in profit. With latest quarter profit dropping down YoY so much, i doubt the price will go anywhere soon until the company prove they can achieved again what they did in FY17/FY18.
Also the company has very inconsistent QoQ/YoY track record. Massive profit follow by negative quarters. With this kind of track record i doubt any big fund will buy it.
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.
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....
Callmejholow
342 posts
Posted by Callmejholow > 2019-09-30 08:51 | Report Abuse
ya worrr... heard it is pending some signatures haha