We are not majority share holder, we can sell at peak valuations, eg when TG hit 55 bil market cap that time and run road with all the profit. So it doesn't concern us this fundraiser.

But topglove boss or majority holder like epf cannot do that, just imagine if they sell big lot at peak price what would happen to the whole company share price.

So most of the time, these public listed boss already experience enough to know if they do nothing and not selling, they are going to ride the share up and ride it back down with nothing to show for it except the dividend.

The only way to "profit" without selling will be to get errr new sucker to put in money at the high point of their valuations, so when they ride it down again the new "capital" money at 5.x range is well and secure as part of the company which they have majority share   

Haha. Just enjoy watch popcorn? They can use 101 reasons to goreng a stock
It's a double edge sword. But I do agree with you. Why spend so much money on share buyback? Might as well use the money for capex

Let's say if they did a successful placement at current RM5.x price range and over subscribed.

With 35% holding, it would net the founder and it's family around 2.6bil in real money into the company, not a bad payday don't you think without selling any shares at all 

Buyback reduce EPS ma. Very good for share holder.

But buy until so hard, one time wallop 1bil share for dilution  

Hahaha i don;t know why i keep attack TG. Actually many company management team also do this kind of questionable stuff, and i still buy their share 

They feel that the share is undervalued, maybe?

Even hartalega boss also buy their own shares

haiya. no point pull the judgement trigger too fast yet

they will announce QR in another 2 weeks

the market is just getting weirder these days

by the way, was curious why you are optimism on the share market in general after the mass covid vaccination

Based on my observation from your post.

you seems to hold much cash now

and you are anticipating a correction in the market

being said that, can you share abit of your opinion on the weird market movement in general currently?

the ARK ETF thingy, may cause a domino effect

Hand itchy bought back orna

End up have to cut loss

Geram nya

Hand itchy bought back orna

End up have to cut loss

Geram nya

See TG? Under 5.

The HK listing? nothing but a rights issue ..... 
sure die one lo ...

shareholders here ... comeon ... are they so silly to endorse a HK listing ... to make TG a more global stock and suffer a dilution of eps for it.
pstttt..... what the boss do when the company is rich ..... says a lot. Very important la if you are a long term shareholder.

the Superman boss? He go whack big fancy richman house in the US pulak ..... 

they will say, the shark is diam diam pushing down the price, once they come in big time, they will pushhhhhhh the price uppppppppppp

same goes to superman

One thing for sure. Many of Retailer will have the once bitten twice shy mentality. No more dare devil in market to push to the peak price

Going back to pre covid level? Unlikely.
Going back to covid level? Unlikely.

i sudah masuk superman 4.40   

Haha. I'm holding TG and harta for the dividend eh. Hahaha

Not a trader point of view so didn't put the option there lor

they will defend and say, the shark are slowly collectingggg

you better start collecting while the price is still low, cus once they start pushing, you won't be able to catch em' at such pricing anymore~

and his personal record of him buying TG shares is certainly not good at this moment.

Total shares purchased = 22,105,000
Total cost = 129.564 million

At 4.90, he's sitting on paper loss of over 21 million!!
well.... I can't say much .... his company, his money to lose!

  i might have caught too early