Notice of Shares Buy Back - Immediate Announcement
CHINA STATIONERY LIMITED
Date of buy back 26 Nov 2015 Description of shares purchased Ordinary Shares of SGD 0.001 each Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 100 Minimum price paid for each share purchased ($$) 0.130 Maximum price paid for each share purchased ($$) 0.130 Total consideration paid ($$) 56.41 Number of shares purchased retained in treasury (units) 100 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 10,000,600 Adjusted issued capital after cancellation (no. of shares) (units) 0 Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%) 0.80470
i am not pro but these share is really make me feel weird. Company has such huge cash but why they only buy back share at 100 unit all the time even now it is alr lifted from PN17? The financial report are very good. If i am CSL boss, i will buy back my own company share with large units and declare deviden for all share holder so that all the share holder will keep invest on these stock. Don't know what kind of trick they are playing now. Anyway, i hope the big boss will come out to announce for devidend.
I am targeting around 0.45 because its NTA has been increased 0.31, from 1.20 to 1.51 in latest financial report. In addition, its all MAs from short to long term are in good sign in chart. Should have longer period of uptrend this time. My cost is 0.14 and it should b lower risk to drop below 0.14. I am willing to hold it for longer time n bet for higher return.
wah, so many very bullish waiting 45 and 50 cents. If so confident, monday can start buying huge volume as price still so cheap at 15.5 cents, long way to your TP. Can be rich before christmas.
yes.agreed with yingkang.now CSL nta about 1.5++.if 50% of nta oso got 0.75++....if just 25%oso got 0.37++..b4 uplift ard0.12-0.14 ..how come it will go down below 14cts? if down opportunity to buy more..
Shares move like a ladder,step by step, want to make more got to hold longer. Since the net asset backing is abt Rm 1.50, + profit company, feel safe to go long.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3309 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
JN88
11,670 posts
Posted by JN88 > 2015-11-27 11:15 | Report Abuse
Once the profit keep increasing from quater to quarter.... syndicate also go to holland.