May I know anyone here who is financial professional ? I would like to know Rubberex "Immediate Announcement of Changes in Treasury Shares" meaning they sell their company share holding and by doing this ,their share holders will increase their equity in the company,,,,what do you think why they do that? Cause they don't need money to fund their investment or they just want to reduce their company share cap? Kindly discuss....
ohlincaufun lo..... pagi pagi retailers sudah bangun....cupat cupat bukak SM.. jatuh sikit sikit, cupat cupat sell...... cut lost lo..... manyak takut lo.... lali cepat cepat..lain kali ada takut kena minum yalkut.... ada yalkut tarak takut... wakakakaka....with my orinsi enjoy the porn show......
They have commissioned additional lines since dec 20, production output more than double now and all orders fully secured for y21... Correct me if am wrong. Anyway am buying
robertzz..let me know if you have any left. I keep buying for weeks. Every day.. it is cheap now.. it will be green, no doubts...non-stop production at the factorier
first of all, those transaction not from director.. that 2k lots from treasury account which the company exercise share buy back from rm7.8 all the way to rm1..
personally feel that if they want attract more investor.. they need to have certain volume flow in the market..
@ robertzz: agreed what you have said. They are creating volume, no volume no game. Correct me if i am wrong. From the knowledge of sales of treasury shares of i know is : Shares are bought back from stockholders by the company and thus total number of outstanding shares on the open market decreases. (Less shares in the open market, easy for punter to push up the price) Hope i am right..
one more point, Treasury stock is often a form of reserved stock set aside to raise funds or pay for future investments. Maybe rubberex use the sales money to pay for land.
Rubberex is the only glove stock company which i see not much moving yet. From the current covid situation, like what " Ohlincaufun " tai lo said, yes, many supply of gloves but the world is well absorb cause the mutant virus is yet to go away.So, i believe the demand of glove is still very strong. And rubberex, if i am not wrong , the share price will touch RM 1.57, next RM 1.65, Next RM 1.74, next RM 1.85 then it will stop to adjust contra players before it reach RM 1.99 or RM 2.03
holyspirit yes I agree that is Ruberex style after monitoring it since early last year. ..it will shake off weak holders for a long time seems like not moving or dropping then suddenly will have explosive growth upwards where contra players then afraid to buy back.
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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....
Lukesharewalker
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Posted by Lukesharewalker > 2021-04-19 10:57 | Report Abuse
Profit taking coming in fast