Hi ! Guys, Eg is readily buying back from open market. They hv did the buy back actually @$0.96 . So, folks dont simply throw your future wealth to juz a shouter of the fox.
traderman, I doubt it is dropping due to recent stronger MYR/USD.. from 4.45 (highest point) to current 4.109.. 1 year ago, MYR/USD was only 3.72, it is still benefiting from stronger USD anyway.
EG Boss will participate into Granpine's roadshow next week...Personally I dont like this kind of thing as it appeared to me that the management is very keen on selling their shares to the public..just my 2 cents personal opinion...
8907 EG EG INDUSTRIES BHD Notice of Shares Buy Back Immediate Announcement Date of Buy Back : 03/03/2016 Description of Shares Purchased : Ordinary Shares of RM0.50 each No. of Shares Purchased : 5,000 shares Minimum Price Paid For Each Share Purchased : RM 0.960 Maximum Price Paid For Each Share Purchased : RM 0.960 Total Consideration Paid : RM 4,848.93 No. of Shares Purchased Retained in Treasury : 5,000 shares No. of Shares Which Are Proposed To Be Cancelled : 0 shares Cumulative Net Outstanding Treasury Shares As At To-Date: 294,000 shares
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....
wsthong123
441 posts
Posted by wsthong123 > 2016-03-07 13:05 | Report Abuse
No point to create fear here.. the counter is good as all know.