he may already know even before announcement

CEO himself started buying his own stock at 2.6
https://www.theedgemarkets.com/article/lim-...-dips-below-rm3

you have a trader's mindset. But remember, the CEO of his own company is not a trader

the problem is when the messenger injects his own viewpoint into the message, he becomes a biased messenger

from the article that you shared, the company said that it is not a paper loss, so would it be an issue?

a CEO "indulge in stock market" vs a CEO buying his own company shares are two very different things. The motivations are very different.

for the record, all the big 4 glove companies have made stock buybacks, just to varying degrees

this is just my speculation, but the stock buybacks have nothing to do with good financials, rather it is a political compromise.

Remember the time when EPF needed to raise alot of funds to implement the i-sinar ilestari etc programmes. The stock buybacks coincides with EPF heavily disposing those shares

https://www.klsescreener.com/v2/news/view/7...ntinues-selling

that's why i have said that the motivations from the company standpoint and the trader standpoint is very different. But as a value investor, you need to look closely at the fundamentals in the long term, and not the short term political maneuvering. So the question is, is RM2.49 reflective of topglove's fundamentals?

it's all political

erm, even a layman will know that in order to profit, you buy low and sell high. If you do it the other way round, either you are retarded, or you have some other motives.

So do you think the management of top glove is worse than a 10 yo child, or do you think something forced their hand?

if you think that's an issue, then just don't buy the stock, simple as that. I thought you were just a messenger, but now you seem to want to become an influencer instead

yes i agree that retail investor got the short end of the stick, but that's just life

but to discount the value of the company just because of the "losses" made from stock buybacks is to me, quite frankly, silly. Of course, I'm giving my opinion from a value investing point of view.

TG is currently priced at 2.49. Whether it is worth 2.49 is just your own opinion

that's why, you are a trader and thus you use trader's language to describe things. I'm just a long term investor who looks at the value.

and this is also why you don't try to go into the mind of LWC, because you're not him, and LWC is not a trader either. Whatever actions he took that doesn't make sense to you, is very different to those in the position of the CEO

This is the data from Morningstar, you can see for yourself. From 2013 - 2020 their PE and PB ratio all point towards an overvaluation of the stock. If you ask me to buy topglove when it is priced at 6,7,8,9 etc i will not touch it with a 10-foot pole.

But in 2021, after the crash, the PE is not 2.6 and PB is 2.78. Is it a good value? I'm not sure. But if the numbers continue to drop then maybe it can be a consideration