I think both Siah Wooi Nian & Siah Wooi Yang are kids of Dato & Datin, that's why both have to announce so many declarations according to the companies act & listing requirements
This counter yet to generate any interest but I am looking forward to the Q2 results and to assess if the management and BOD is doing a great job in growing the company further.
7134 PWF PWF CONSOLIDATED BERHAD Immediate Announcement on Shares Buy Back
Date of Buy Back : 04/08/2017 Description of Shares Purchased : Ordinary Shares No. of Shares Purchased : 40,000 shares Minimum Price Paid For Each Share Purchased : RM 1.070 Maximum Price Paid For Each Share Purchased : RM 1.100 Total Consideration Paid : RM 43,320.00 No. of Shares Purchased Retained in Treasury : 40,000 shares No. of Shares Which Are Proposed To Be Cancelled : 0 shares Cumulative Net Outstanding Treasury Shares As At To-Date : 4,835,118 shares Adjusted Issued Capital After Cancellation : 167,407,551 Date Lodged With Registrar of Company : Lodged By :
A share repurchase is a program by which a company buys back its own shares from the marketplace, usually because management thinks the shares are undervalued, reducing the number of outstanding shares. The company buys shares directly from the market or offers its shareholders the option of tendering their shares directly to the company at a fixed price.
BREAKING DOWN 'Share Repurchase'
Because a share repurchase reduces the number of shares outstanding, it increases earnings per share and elevates the market value of the remaining shares. After repurchase, the shares are cancelled or held as treasury shares, so they are no longer held publicly and are not outstanding.
Reasons for a Share Repurchase
A share repurchase reduces the total assets of the business so that its return on assets, return on equity and other metrics improve when compared to not repurchasing shares. Reducing the number of shares means earnings per share (EPS), revenue and cash flow grow more quickly. If the business pays out the same amount of total money to shareholders annually in dividends, and the total number of shares decreases, each shareholder receives a larger annual dividend. If the corporation grows its earnings and its total dividend payout, decreasing the total number of shares further increases the dividend growth . Shareholders expect a corporation paying regular dividends will continue doing so. Share repurchase fills the gap between excess capital and dividends so that the business returns more to shareholders without locking into a pattern. For example, assume the corporation wants to return 75% of its earnings to shareholders and keep its dividend payout ratio at 50%. The company returns the other 25% in the form of share repurchases to complement the dividend.
Benefits of a Share Repurchase
A share repurchase shows the corporation believes its shares are undervalued and is an efficient method of putting money back in shareholders’ pockets. The share repurchase reduces the number of existing shares, making each worth a greater percentage of the corporation. The stock’s earnings per share (EPS) increase while the price-earnings ratio (P/E) decreases or the stock price increases. A share repurchase shows investors the business has enough money set aside for emergencies and a low probability of economic troubles.
Drawbacks of a Share Repurchase
A share repurchase can give investors the impression that the corporation does not have other profitable opportunities for growth, which is an issue for growth investors looking for revenue and profit increases. A corporation is not obligated to repurchase shares due to changes in the marketplace or economy. Repurchasing shares puts a business in a precarious situation if the economy takes a downturn or the corporation faces financial issues it cannot cover.
Hope PWF will fly soon .... CCK and Cab move but PWF still stagnant, Company recent buy stocks dunno signal for good results or not ...... or another dividend payout ????
Lot of esos being done at 0.578. If these holders want to take profit now, it would affect the price uptrend. That could be the reason why the price drops instead of up. Esos at 0.578 already can profit 0.5 when they sell it on the same day.
broiler price had increase lot to more than 6.00, during 1st half year price is around 4.xx to 5.xx. Expecting 2nd half the business will be much better. CCK and Cab recently is moved bit by bit. PWF with low PE and good dividend, hopefully will move higher and higher. Hope once result announced will be move to 1.20-1.30 level.
ESOS hopefully already well absorbed with current strong support. Waiting to break high.
This qtr result will be more likely as previous year same qtr result, if can do well then it is a bonus. The fantastic result will be expected is next qtr Jul-Sep'17 as margin will be significantly improved maybe up about 15-30%. Towards next month sure price will move some.
Just hold. Hope not wrong.
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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....
air01557
2,511 posts
Posted by air01557 > 2017-06-14 09:39 | Report Abuse
buy quickly, its going to move