Company is compulsory to buy back the share when his CEO resign in order to prevent some conflict of interest between the run away CEO and company itself.
If the director can sell all his STAR office building all around M'sia and turn their work place at loan building then possibly all of the investors can get big return of investment.
I will wait until 4th qtr release...somebody will play this counter near to 4th qtr anouncement..its normal. Last time I buy in sw-cb at 2.5 cent get good profit sell at 6 cent. Now I wait again after buy in at 2 cent. B4 chinese new year I predict to shoot up again
Actually this could be a good stock to hold for long term due to its defensive nature (businesses/courts have to publish announcement in major dailies-economic moat) . Fundamentally sound and sure of at least 12 sens dividends. That makes about 3 sens every quarter and currently cheaper than wellcal!
Waiting now for what Buffett said about paying fair price for a wonderful company.
That've even better because newsprint licenses are hard to come by! Another advantage. Giving MCA 3 /4 billion every year seems to me a good deal for investing this stock, fundamentally!
And yeah, sorry I don't smoke but I believe in buying cigarette companies if the price is right :)
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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....
Hustle
3,615 posts
Posted by Hustle > 2013-12-24 12:50 | Report Abuse
Not everyone lah,still have lots of people not disposing yet.Wait for few weeks n see.