Big player game very hard to understand
Top Glove Share Buybacks, Keep Tab!
Top Glove Share Buybacks, Keep Tab!
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Dec 4 2020, 03:36 PM
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#1
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Senior Member
1,557 posts Joined: Jan 2003 |
Big player game very hard to understand
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Dec 11 2020, 04:15 PM
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#2
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1,557 posts Joined: Jan 2003 |
QUOTE(Boon3 @ Dec 11 2020, 09:22 AM) It''s looking so rather clear.... he is way too obsessed with being no.1 . Way too determined trying to be a bigger stock than Maybank... maybe someone who gave the share buy back idea scare will get margin call if the share price keep failing?To be bigger than Maybank... you need to beat Maybank's market cap.... and what have we seen? 1. He used share buyback.... his 1.2 Billion war chest .... was literally gone just like that... 2. His position in EPF ... which meant there was conflict of interest, esp if EPF went on a buying spree of TG. And yes, EPF went in aggressively until lately.... 3. His position as chairman in Tropicana .... he got Tropicana, a property stock to spent 78 millions buying TG shares.... 4. Just yesterday, it was disclosed, the boss used his company, Top Fortress Ventures to buy shares in TG. Some of the directors joined the buying (but relatively small buyng) Doesn't the boss appear to be possessed or what? This is the stock market we are talking about. If the company is worth its weight in gold, there is no need for all this, right? Just imagine ... current proposed dividend due xmas eve was 1.3 billion... and if the boss did not splashed the money unnecessary on these share buybacks... the boss could have given a dividend of 2.5 billion!!! Yeah... and then, there was a 2 billion plus investment in the money market fund. Why need to bother with such trivial stuff? I wonder if the boss is badly advised or what? Just imagine... throw this 2 billion plus as dividend.... ooo lalal... we could have seen Top Glove giving a record quarterly dividend of 4.5 billion back to shareholders...... think about that.... the stock could easily have traded past 20 bucks now... yup right this very moment. ... no need all these share buybacks. yup.... think about that... and sadly what do we have now? The boss is looking desperate to defend his share price... his integrity is put into question .... |
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Dec 19 2020, 08:24 PM
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#3
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Senior Member
1,557 posts Joined: Jan 2003 |
From someone.. lol
Topglove : share buy back 12亿 股民 : 老板乱使用公司金钱 Topglove : 老板自己掏腰包回购自己公司股票 股民 : 因为要支撑股价,骗股民进场 Topglove : 其他director 回购4百万股票 股民 : 有吗? 看不见 Topglove : executive director 卖票600k 股民 : director 都卖了你还不卖票? Topglove : 老板公开,透明化让投资者了解公司 股民 : 老板很笨,太高调 Topglove : 选择不隐瞒工厂员工感染新冠肺炎,立即将所有员工送去检查,关闭工厂。(其实其他工厂或行业都有员工感染) 股民 : 虐待员工,不负责任 以价值基本面角度去看,老板公开透明化让投资者更了解公司竟然成为了缺点?投资者不是期望你投资的公司更加透明化的让投资者都了解公司吗? 这样的想法根本在“开倒车”思维。 如果投资市场的人都抱着这种思想,不可能在股市走远~ #失败者思维 #可悲没有人发声 |
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Dec 26 2020, 05:08 PM
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#4
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Senior Member
1,557 posts Joined: Jan 2003 |
QUOTE(Boon3 @ Dec 25 2020, 08:55 AM) No new buybacks. possible to compare similar data with those insider or big holders like EPF who dump the stock during the same period?Total number of shares bought back from 9th Sep to 24th Dec = 176,377,000 Sum paid for these shares = RM1,270,692,753.99 Average price for these shares = 7.20498 Closing price for 24th Dec is 6.49 Based on 24th Dec closing price, market value of these shares is RM1,144,686,730.00 Current marked to market price losses = RM126,106,023.99 |
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Dec 28 2020, 11:16 PM
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#5
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Senior Member
1,557 posts Joined: Jan 2003 |
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