Sifu-sifu, my experience not so long, but the numbers quoted from online trading platform. The last 3 sales 185 leh. Today so far 25% of the sale at 185,75% of sale at 180.
If profit margin stay at 10sen and 15sen as reported in the news above, then petrol diesel prices down is good for PT because as profit percentage naik, tui-mah? betul?
Yang nak jual, cepat2 jual. Yang takot, cepat2 jual. Yang x sabar, cepat2 jual. Yang x suka, cepat2 jual. Yang benci, cepat2 jual. Yang xlak holding power, cepat jual. Yang suka goreng2, cepat jual. x cepat2 jual, padan muka korang nanti.
HappY InVest, tolong share your speculation....like to consult your ideas. Tak faham why cepat cepat nak jual, the new terminal kampar putra dah ready. New growth engine....对吗?
That 185 buy to cheat people q at 180". Is it like some big player want to sell at 180, so he buys at 185, so ppl Q to buy 180, then he quickly direct sell at 180?
Haha, tksw sifu, I saw MyBas, very big and comfortable, but never had chance to ride one yet.....I not from Perak. This bas no move fast, ya, think tm still can get 180.....but I no sell at 180 sebab I beli at 180 mah
Oh, I see. But will it go to 175? On Tues, I luckily guessed betul that still can get 180 on wed. I thought salah at first but the last dump made it betul, haha. I want to share an observation, the sale volume of 175:180:185 like this: on Monday, 13:84:3, Tue 6:89:5, wed 0:85:15, ie. 175 decreased from 13 to 0, 185 increased from 3 to 15, so if the trend continues, besok the range may be 180 to 190. Tolong check my data.
Spielmacher sifu, tks. Just checked on ptrans website, the buyback can be announced on the same day when buy back occurs or after the buy back.... hopefully buy back soon! The bus tickets seem undervalue leh.
Ptrans going to fly once initiate share buy back. What does share buy back mean? It means the company reduces the number of outstanding shares. Give you example: If the company has 10 mil shares, and profit of 1mil. The EPS is 1mil/10mil or 0.1 per share. If company buys back 1mil shares, the EPS is then calculated as 1/9=0.111 per share. This increases shareholder value.
Following the above example, if the company proposes 1mil as dividend (100% payout ratio), the dividend per share increases from 1mil/10mil shares= 0.1 per share, to 0.111 per share.
NOTE: For Ptrans, the dividend payout ratio has historically been around 25-35%. You can calculate this as dividend/profit. If a company payout ratio is too high, it is not sustainable.
I always view sharebuyback as a good thing, as the company is confident in itself and rewards the long term shareholders. In short term, share buy back may push up the price as well.
Share buy back can boost the share price, which is the top priority of PTRANS now, because the higher share price will lead to the warrant holder to exercise the warrant. PTRANS can get more capital. I did some maths, It can buy back up to 142M (10percent of outstanding share), which if we assume average buy back price 0.22, the total cash paid for share buy back is 142M*0.22=31.24M and if it leads to all warrant holder exercise their warrant, 531.4M of warrant times 0.235, PTRANS will get 124.8M.
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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....
Peace99
2,264 posts
Posted by Peace99 > 2020-04-30 12:14 | Report Abuse
Looks like more and more going North, seems my guess semalam tak salah....