please correct me if i am wrong, since Share buyback is in action, the company will try their best to buy back the share to meet the target buyback..in other words, if no ppl dump out the share at low price, they will be forced to buy at higher price, of course the higher price must be reasonable....but why the price is continue drop?
ww_guy, share buyback usually occur when the price is low/undervalue and also a mean to support the price..so far the volume is low and i believe retail investors are the one that is selling..
Last 3q profit not much probably due to increases stake in University College. This University College will contribute some profit the coming qtr. Hope Datuk Palan will do something to reward all the loyal investors.
Lol, if you got it at 20cents, now you got 25% profit. I think this counter can go far far more than this present price. Medical college uni + gov contracts. Grace upon grace. Good luck.
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....
zaman_mai
94 posts
Posted by zaman_mai > 2012-02-10 19:40 | Report Abuse
Boost up SMRTECH...go...go....go