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 Top Glove Share Buybacks, Keep Tab!

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stevenX
post Feb 4 2021, 04:57 PM

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Joined: Jan 2003
From: Fallen City



QUOTE(Boon3 @ Jan 27 2021, 07:13 PM)
Sorry, forgot to update.

Again no share buyback. This is not a surprise given its new dedication to paying out dividends.

At 6.21, these share buybacks are sitting on losses of rm175,491,583.99.

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What to you think of the recent TG group in TG asking people to buy/push the price up to fight the short selling ?
stevenX
post Feb 5 2021, 01:19 PM

Regular
******
Senior Member
1,246 posts

Joined: Jan 2003
From: Fallen City



QUOTE(Boon3 @ Feb 4 2021, 07:01 PM)
Buy just to fight shorties?

Buy itself, it sounds utterly foolish.
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QUOTE(HereToLearn @ Feb 4 2021, 07:12 PM)
It is best not to join them, look at how GME turns out, in the long run, will return to its fundamentals, its fundamentals will start degrading starting in 2H2021
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Got me thinking , their main reason behind maybe is not to fight. But to find fish to hold at higher price so they can cash out for CNY. ...
I voice this out in their group, instance Ban+Kick .. shakehead.gif

 

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