BWC
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 May 28 2020, 03:05 PM
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#1
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Junior Member
16 posts Joined: May 2020 
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Is it a good sign if company actively do share buy back ?
Let say the company is actively doing share buy back when the price range at RM1.95-2.00. Would it be correct if we assume that the company values their stock around that price range ? |
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May 29 2020, 12:20 AM
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#2
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Junior Member
16 posts Joined: May 2020
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QUOTE(Boon3 @ May 28 2020, 04:24 PM) In theory, share buybacks are good but then... stock market is full of sharks... as it is a known fact that these sharks abuse buybacks for their own benefits. Hence, it is a risky guide/indicator. Meaning insider of the company might use it for their own benefit ? Pump up the price temporarily via share buyback and sell their own portion when price hit their target ?Same as trying to use epf purchases/disposals as an indicator. Best you develop your own person setups.  I noticed this one company...very active in share buyback this year.. 10mil buyback in 2020 vs only 700k buyback for the past 10 year. sudden spike this year to ensure share price don't drop too much I think QUOTE(woonsc @ May 28 2020, 08:18 PM)   a stock came out of my mind, idk if it's applicable.. CYPARKBig Boss sell shares, but company do Buybakcs. |
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