Posted by Chun Sam > 2017-12-12 20:07 | Report Abuse
ks55, good SBB example sharing on Parkson case. Really wasted with this money, it showed that mgmt don't know how to use money wisely.
Posted by Jeffyap > 2017-12-13 18:00 | Report Abuse
Hi Chun Sam, where can we get the list for share buyback? I meant what source you referring to? Other than check 1by1 in bursa.
Posted by Chun Sam > 2017-12-13 19:41 | Report Abuse
Hi Jeff, just go to bursa malaysia, and filter the type of announcements you want. You may filter by company, sector, period etc.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?category=all
No result.
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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....
ks55
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Posted by ks55 > 2017-12-12 19:58 | Report Abuse
Most idiotic share buy back operation was carried out by WC on Parkson.
Just check how much WC spent on SBB over the years.
Valuable resources were up to 2.1 billion ringgit wasted merely to support its share price to avoid forced selling of pledged securities.