As i told u, that 1bil he dump into sea liao

The cash would be more useful if declare dividend or keep it for future expansion

It's a Zero Sum game.

So who won 1.014 Billion ringgit?

JP/MACQ/GS?

That's why i prefer H/K in their management strategy as T

The first issue they should solve it's the workers quarters, then their loan repayment.

With their tight cashflow now, i wonder how they can fight with other major local glove makers and China/Thailand ones

This post has been edited by squarepilot: Dec 14 2021, 12:49 PM

Oops. dupe

This post has been edited by squarepilot: Dec 14 2021, 12:46 PM

I could have told you that too...


The most incredible thing is that they don't seem to acknowledge they were wrong in HOW they bought back their shares cause they want to buyback even more.....!!!!

https://www.theedgemarkets.com/article/top-...ack-more-shares

Foreign fund and local fund i guess, last year it was glove company year and every fund swarm in to increase their portfolio holding ratio for healthcare stock, after that 2021 start to reduce and drop for the whole year 2021.

Harta keep the cash for future expansion, i think they pay out 60% of their earnings as dividend because of their previous dividend policy. As for their workers issue mainly at Bestari Jaya and i believe they already solve the issue.

As for Kossan i don't know what they going to do with the cash, the boss doesn't do massive expansion like others, he is most conservative type and their main target market is surgical glove. But then dividend didn't give out as much as others.

If u study the shareholding structure, Lim family only got about 35-36% shares, so it is more sensible to SBB and increase his percentage of shareholding

Kasi dividend also has to give out 65% of it to minority shareholders leh

The main reason why I started this thread is to examine what happens when a share buyback is badly executed.

Will share buyback be as good as claimed by the academics?
What happens when the share buyback is badly executed? Like how TG went amok on 9/11..

Yup... a lot of academic theories on investing... but .... somehow theories are just theories....