KUALA LUMPUR: Jobstreet Corporation Bhd shares continued to rally for the third day on Monday after the company bought back its shares last Wednesday. At midday, it rose 10.5 sen to 49.5 sen with some 34.37 million shares traded between 38.5 sen and 49.5 sen.
The FBM KLCI rose 1.59 points to 1,766.03. Turnover was 629.61 million shares valued at RM553.57mil. There were 223 gainers, 355 decliners and 254 counters unchanged.
According to the group's filing to Bursa Malaysia on Wednesday, it showed that the group bought back 764,200 shares of 28 sen a unit for RM214.88mil on Dec 12. JobStreet.com is a job portal founded in 1997. Founded in Malaysia, it is now Southeast Asia's largest online employment company, according to Forbes.
It currently serves about 80000 corporate customers and 11 million jobseekers. SOURCE: The Star Online Business News
I think the group will keep on buy back their shares ... let see as I said bfore ... so, the share will be up, up, up again maybe more than Rm1 approaching this new year & continue till Chinese new year ...
Company bought back the shares as the management sees value. If you look at the profile of the CEO, COO and other all are from MIT not some kuching kurap university.
manage to buy some at RM0.44, tomoro, but feel like it gonna fall soon......will ride morning train then sell it at 0.60....scare kena Trap soon. gonna buy back after correction guy. good luck tomorrow hope up at morning
That means better q to sell now since the price now is 0.535..? By the way, how do I know, the announcement already announced? Where can I check? Sorry to ask so many questions bcz I'm new in the share market. Thx.
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