Jobs areally sold. N business but u get new business and the boss areally buy back he share if the company empty why u buying back he share???who can answer my question????
Good question . .. why boss buying back the shares . .obviously they investing in their own company . .. now purely speculative to buy jobstreet hoping we got it right
Kuala Lumpur 29 hearing) Employment Square (JOBST, 0058, the board shares trade dress) shares rose sharply on the 2nd consecutive, today was up 38.46 percent increase and a record high for the second audience favorite stocks and 8 big gainers . Employment Square early today to 39 cents after the opening bell, once fell 38.5 cents the day's lowest level, but by the market sought support, the stock hit a record high today of 54 cents all day rose 14.5 cents, or 37%, on volume of 71.83 million 4500 shares. The stock ended trading today to 53.5 cents, more than on Wednesday (24th) 32 cents closing market prices, or up to 67% as of today. Employment Square earlier statement pointed out that in December 12 to 214,882 ringgit share buyback to 28 cents a share purchase 764,200 shares. Deploy business transformation In November the company announced a special dividend of 2.65 ringgit per share, and has completed at December 24 distributed. CIMB Investment Bank Research noted in earlier reports, has completed the asset divestment employment Square, is still ongoing business transformation is expected at the end of the first quarter of next year will complete the transition plan. Analysts said that, due to the significant absence of profitable growth strategy, the company's recent share price will be unstable, therefore, to believe that the tide has recently surprised the market. In February this year, to 1.89 billion ringgit Square employment, divestment online recruitment business to Australia's largest recruitment site SEEK SEEK Asia, and announced plans to distribute a total 1.857 billion special cash dividend. SEEK is Australia's largest job sites in Asia, it intends to employment Square online recruitment business, and other job sites --- JobsDB merger.
If know the insider news or believe the management capability to bring another amazing business model. Then is good time to consider buy some and keep. If not then just leave it for now.
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....
esl_22
1,719 posts
Posted by esl_22 > 2014-12-31 16:16 | Report Abuse
ZZR, now keep dropping. Better wait 1st. Once you bought but keep dropping, how? Don't forget few days ago, it only cost 0.30++.