Safest way to invest is buy cheap. but then some stocks are so cheap so long.... They really test your patience. what if they simply don't move for years........
China-based Bursa Malaysia-listed XingHe Holdings Bhd will grant 2.34m call options to Australia's Macquarie Bank Ltd, entitling the bank to subscribe up to 234m new shares or 9.96% in the company. The gross proceeds to be raised from the proposed arrangement is up to RM46.8m. XingHe said Macquarie Bank has committed to exercise a sufficient number of call options to provide XingHe with consideration of at least RM25m within a period of 130 trading days. (Financial Daily)
Thanks gohlai.....not worry but only concern where to get more money to pump in. I really have a doubt why the shares price diminishes so much in just a short period.
In my point of views, directors buy back the shares because he wants to safeguard the shares price if it drops too much and he does not want to lose his control power over the company. The company should practise shares repurchase if the current price is low enough.
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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....
seabird
129 posts
Posted by seabird > 2014-11-13 11:35 | Report Abuse
today this counter sleeping..zzzz