Thanks for sharing, initially i thought of buying ETF is like the investment method propose by Buffett on S&P 500 for long term investment. My plan is to put money into it every month for 20 + years without need to check on it daily.

Seem like i need to find other way for the investment... Thanks senior, i more knowledgeable today. Have a nice day.

bursa is rubbish company,
latest ss info dec31 is not on website yet

Why do you want to compare shareholders buyback with funds? Honestly the most irrelevant is when the biggest shareholder buyback because a large chunk of their shares is from the listed day. What does he had to lose when spending a hundred or two hundreds millions on buyback at much higher level? Especially when these companies become cash cow like now, they would want higher shareholding to solidify their position. Just look at Hartalega with its 50.1% shareholding in the Kuan family. Does he bother with you at all? No...

Robo advisors charges are per annum based on value of your holdings. And their charges are on top of the ETF management fees. Long term and with big amounts invested, that will cost you. (but still better than conventional unit trust).

Brokerage is by transaction. The bigger amount invested the cheaper. If u use a Bursa trading cash upfront it can be ike 0.1% per transaction, depending on value. Also there is no stamp duty charged for ETF transactions.

My style is I'm my own robo advisor and buys etf by brokerage. So I buy big amounts to minimize brokerage n don't trade frequently.

Even if there is a suitable ETF, I don't think this is a valid strategy. 20 years time frame to passively invest in Malaysia equities? Malaysian economy doesn't have the comparative advantage to grow. That's my opinion.

Need to be more active and diversify globally n in different asset classes.

This post has been edited by Cubalagi: Jan 2 2021, 10:00 AM

Update for week ending 31 Dec 2020

No new buybacks.

Total number of shares bought back from 9th Sep to 31st Dec = 176,377,000
Sum paid for these shares = RM1,270,692,753.99
Average price for these shares = 7.20498

Closing price for 31st Dec is 6.12
Based on 31st Dec closing price, market value of these shares is RM1,079,427,240.00

Current marked to market price losses = RM191,365,513.99

It's weekend and new year.

Anyways, RSS only starting next week. It will only start to get a bit more interesting then.

This post has been edited by Cubalagi: Jan 2 2021, 10:08 AM

Fuuu... For every losers there are winners..

Top Glove management team has shown how share buy backs can go terribly wrong and bad for shareholders, even with 1.2 billion ringgit at their disposal.....

I guess winners are exiting shareholders then..

Need to be more active and diversify globally n in different asset classes.

[/quote]

I just a have limited fund i can invest RM 500 hundred per month. At the moment not enogh capital to invest oversea. Hahaha

This is Tropicana's buying of TG shares...



Total number of shares purchased by Tropicana = 14,320,000
Sum paid for these shares = RM98,520,184
Closing price for 31st Dec is 6.12

Based on 31st Dec closing price, market value of these shares is RM87,638,400.00

Based on current marked to market price losses for Tropicana = RM10,881,784.00



Not as drastic but just a mere rm10.8 million paper losses

Cubalagi

And this is the boss own buying of TG shares.. as described by MSWG putting money where is mouth is...



** note: on bursa announcements, it doesn't state the total amount paid. It just states the average prices. So basic calculation was done there**

Total number of shares purchased by Boss = 10,675,000
Sum paid for these shares = RM69,723,235.61
Closing price for 31st Dec is 6.12

Based on 31st Dec closing price, market value of these shares is RM65,331,000

Based on current marked to market prices, the boss is sitting on paper losses = RM4,392,235.61







ps: Follow the smart insider money? would you, based on such performance/track record?

ps/ps: Adding the buybacks, Tropicana and Boss purchases ... the remisser .... ooolalala

ps/ps/ps: Seriously? Does the boss even has a financial advisor? Can I recommend you?

ps/ps/ps/ps: Can someone tell him to stop playing the share market and look after Top Glove affairs?

ps/ps/ps/ps/ps: He has mandate to play buy backs to the tune of 10% ... which is approx some 4 billion more chips to buy TG shares.......

This post has been edited by Boon3: Jan 2 2021, 11:22 AM

Please recommend yourself to be TG financial advisor....
With all interest and knowledge you have, definitely will be helpful to him....

Then u should consider robo advisor such as Wahed..

This post has been edited by Cubalagi: Jan 2 2021, 11:58 AM

I am quite skeptical on this. One of it is due to i am new to this type of investment.

Are they helping me to setup a portfolio or just a stake of their portfolio?

cute.

PS/PS/PS/PS: should push the price lower? Wait, why are we burning yourself(retailer,isti.fund,FF) up for him?

wahed vs stashaway, stashaway better. DYOR.

just a stake in whatever you buy. miniature.

What stake or STEAK or BEEF or cut do you wish on your plate.?

This post has been edited by Syie9^_^: Jan 2 2021, 02:21 PM

not yet next working day.

sabar.

the PIC might be on leave as well.


I don't think will have any significant SS anymore on glove sectors as warrants already expired and price has reached below fair value.

From what I know those back to back SBL from IB already end deal.

But I hope 3.50 magic still effective. Maybe they will create more new SBL.