All the shouts of "will fly next month" every month since last year is nothing but shouts only. This counter is really dead. My avg price of 0.12, dunno when only can breakeven. Kena ripped off.
SBB (Share buy Back ) is good since the company can use funds to support or push up the shares price based on the future direction or future prospect of the company in terms ot revenue or profit growth. Only the Management will knows this and when you see buy back mean the company see the future value.
The treasury shares later can be cancel off or given as shares dividend later to reward shareholders.
Of course when SBB in place, the company financial position will depleted, and another way to support the company finance going forward is to issue free warrant to reward shareholders and at the same time to provide the company funds to support their company expansion at cheaper available funding.
We will see later the above will be reality or not, but one thing emerges from all the events that took place for past 6 months since admission of Dato Thong (insas/Inari) and Dr Tan Seng Chuan (Inari) into the company spelled a good fortune and future for DGSB.
To my opinion, something is brewing already.......sit tight.
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....
zhm540
2,491 posts
Posted by zhm540 > 2018-06-25 10:54 | Report Abuse
Tech stocks is all time high but not impact on DGSB... better to chase IRIS than DGSB.