It just strange, why SMRT need to perform "multiples" share buy back in low volume at certain fix price. Could have park more cash in there if SMRT thinks it is sure bargain. It is the safest parking anyway.
I hope this pattern of buyback do not repeat another 3-4 times....
I'd rather the management focus on turning MEGB around rather than buying shares back. but if they do, buying in small amounts like that is manageable. If u buy one shot at large amounts you risk propping the price up also. So small doses are fine to me.
share buybacks in large vol can never be good...it is better to invest into their biz. Look at some big corps in the US, they're addicted to buybacks just to prop up their share prices because CEO's remuneration is tied to share price. It's destroying capital.
Even savvy fund managers also cannot take things for granted, the only thing for sure is that the risk to reward ratio is very attractive if you invested in this counter.
A righteous management can only give their 100% effort striving hard to achieve what they committed. There is always a 1% of unknown exist and we have to leave it to the hand of god. So be good......
To make money in stock market , do not blame other for an investment failures , one has to be responsible for one's action.
Do not listen to those who take pleasure in watching & laughing at other folks' investment failures, Those jokers, I believe , are none other than a looser who wishes everybody end up as a looser like themselves too.
Stuck at a higher price. Tempted to lower average but will wait. Education quality in our country is wanting. Demand for medical courses is high and if our quality improves then we can be a good hub. I hope in a year or less there's a turnaround and we can be proud shareholders of a reputable education supplier direct or indirectly. We do want good medical practitioners in the country right since we are all getting older. But regulation with medical and health products and services should be more controlled man! Patience is the name of the game here. But I thought things would improve with the deals done, price will move up but no change for such big news.
CUCMS is doing fine... With initial scheme, acquisition CUCMS, transfer mainboard... this plan is good.
But came in MEGB... a dying biz BUT with valuable assets, this move really came in surprise and halt the candy days... MEGB affected by PTPTN scandals, really need good plan to turnaround.
chris ...nothing special ..... haha...if u feel this price is good enough to buy then buy lah ....bcus from 90+ drop until now ..... if u trust this smrt will give u big rewards....but u need to hv a lots of patience .... :)
The Penang Institute in Kuala Lumpur has warned that some 70% of private higher education institutions can see red this year, following changes in funding rules.
The Masterskill Education Group Berhad, which owns the Asia Metropolitan University, has also been a case of financial squeeze, it said.
The group saw its share price fall from RM4.24 in August 2010 to a low of RM0.30 in May 2014, before recovering only to RM0.62 last month following restructuring and changes in its management and share ownership.
1:4 staff to student ratio , how to make money. Sure " chap lap " la...., no need a think tank group to analyse to tell that there is an issue. Varsities as such sure is milking the student to the very extreme....
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....
kinkudes_hc
817 posts
Posted by kinkudes_hc > 2015-04-07 10:17 | Report Abuse
Ok. Thanks bro Tornado.
It just strange, why SMRT need to perform "multiples" share buy back in low volume at certain fix price. Could have park more cash in there if SMRT thinks it is sure bargain. It is the safest parking anyway.
I hope this pattern of buyback do not repeat another 3-4 times....