03/24/2014 - Share buy back - 450,000 shares. $3.88 - $3.91 Total accumulated - 33,278,972 share.......Buying more and more......waiting for good news.
One thing's certain - none of the substantial shareholders nor senior management is selling (or buying) or else it would have been disclosed. Also Magnum's share price is also languishing.
kok, the reason that you're loyal to bjtoto is because there are some intrinsic qualities with this counter and its business characteristics that others simply can't compare with. trust yourselve, trust your own judgement, trust the force with you......
When people just started buying share they buy toto bcoz of its simplicity. Once they learnt something they venture into more interesting counter(growth stock). When they grow older (like me) n need consistant passive income they come back 2toto again. Toto will b my companion 4 a long time.
Agreed with KinSoon Kok's observation. To raise share price in this stable cash flow Co, it has to engage in aggressive share buy-backs and then cancel them.
The usual no cum-div lift is absent. It's clear that shareholders psychologically prefer cash dividends even though, technically it could be "manufactured" by selling their bonus entitlement.
Hope that toto and magnum can act as an safe alternative investment in liew of asb/asn to non bumiputra.Currently it is not easy to obtain return exceeding 6.5 pc.Are u aware that many guys invested in numerous banks so called structural fund and got zero return!
Kkng0819kk, the annual report mentions tat the depletion of value is due to not being able to sustain current rental rate. May b the property is poorly maintained coz the tenant SilverBird is a financially troubled co. They have another problem. Wisma Amanah Raya previously occupied by CIMB is vacant 4six months. If u think these r temporary 1time problem u can take this low entry price opportunity.
most company also got share buy back nothing news. As for BToto may be they want to keep as treasuty shares and distribute to shareholder share instead of cash as recently did.
TSVT wouldn't make u rich from his shares...u buy more n more...than..he will sell all to u...n press the share price down .....collect back the share at lower price..TSVT sure win..this statement was make by one of his 30 years old friend.
ask yourself...did u make money from this stock??only paying good dividend, other stocks like PBBank, Digi also can pay high dividend with share price appreciation . Don't forget..the most beneficiary still TSVT.
Let me share with u all what is TSVT plan for coming future...he will try to spread out some good rumors to the public like u n me..then u feel happy n start buying his shares...TSVT will slowly sell his shares until u got no more holding power, subsequently TSVT will press down 30% of the share price n wait for u to sell back the share. If u choose not to sell the share, then TSVT will continue pull down the share price until certain level which will determine by his advisor. At last, TSVT will just privatize the company at lowest share prices. U will be suffered big losses.. whatever dividend collected since day one will back to his pocket.
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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....
neohts
2,339 posts
Posted by neohts > 2014-03-24 19:26 | Report Abuse
03/24/2014 - Share buy back - 450,000 shares. $3.88 - $3.91
Total accumulated - 33,278,972 share.......Buying more and more......waiting for good news.