QUOTE(nauticat99 @ Jan 4 2021, 07:03 PM)
Poor TG - Damn if you do, damn if you don't. How to please everyone? Do SBB wrong, give dividend desperate.. sigh:(
Ever since TSLWC was asked if TG could be the biggest cap company, TG has been in too much spotlight & too easy to pick on, much like celebrities.
I agree that TG is desperate, coz it has many, many shareholders at stake, & its business rule is to "not lose shareholders money".
But today's action of promising higher dividend payout is long overdue. It simply shows that Boon3 is correct for saying that, with so much money, might as well give cash dividends instead of SBB or for other purpose. In hindsight, Harta is definitely more prudent in managing money compared to TG.
Today's TG volume is so high yet no announcements frm TSLWC? Pretty sure he bought back some. If gloves keep plunging like this, I'm not sure how many retailers like us can hold. Sakit but gotta hold on