meaning,  another round of sell-off is imminent?
Sigh... now I'm really a long-term investor...
This is already expected but now add " X-Tra" long term

For the buy back, you know what something people doesn't notice is that those buyback programme are making shareholders losing money (on paper) at the moment.

For example, RR is buying back its shares constantly from the market since 3.50 or so. Now share price is only 2.80, so company had bought 'expensive' shares already and if those treasury shares being sold, company actually making a loss, (I knew it won't be sold as it is not the treasury share purposes, instead company will opt to write it off).
So it is much better company use the cash pile as a dividend and rewards the shareholders as cash.

If I attend AGM, I will ask this kind of question. If company need cash pile for future expansion, then fine, but I am the one against share buyback programme, it doesn't reward the shareholders very much. As those cash still being kept in the company, and shareholders don't benefit much from it. Still got lah, as EPS will be higher due to lesser outstanding shares, just dividend is much simple and rewarding.

Not too sure whether the followings work:-

1) Resort share buy back ( up to 10% ) of its shares, so shares are actually retained within the same group using Resort cashflow.

2) At right time ( not now ) ,  when Genting if it is to take Reosrt to private, then it is much easier since less remaining shares in mkt to collect back ( 10% odeli  held by Resort itself ) . Genting just has to buy back 10% in block from Resort World. Meanwhile or right now, Genting does not have to use its own cashflow.

I think it is workable, correct me if I am wrong .

I don't understand the share buyback can be used to do acquisition project issue. Mind to share. 

Don't get me wrong, buyback is also a good thing to happen.

OK, I get it, that's on newly issue shares or use treasury share as collateral for acquiring cost.

It will be benefitting if those buyback shares are being acquired at low side.

On my given example on US banks side. Those buyback share are burning the company cash instead benefitting. 

i came across that statement from somewhere. thanks for reminding us once again.

this lim kok thay saw I raised my hand to ask a question, but he quickly try to wrap it up as soon as one shareholder finished speaking. (At least a chance for me to speak since his eyes fell on me!)
I was fed up that I forced myself to the microphone to butt in when he started talking .
*sh*T him