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ChinaNTown
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des_khor
Supreme |
22-Dec-2009 14:56
Yells: "Tell me who is the God or MFT from this forum??" |
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0.135 5000 lots. | ||||
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ZebraCrossing
Senior |
22-Dec-2009 08:34
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Had initially thought that when the Company did a share buy-back at 0.14.. That will be a strong support level.. now its back to 0.13 again! |
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acercreative
Member |
21-Dec-2009 23:30
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think the price is being controlled at $0.13. everyday >10mm q at 0.125 and 0.135. | ||||
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ZebraCrossing
Senior |
21-Dec-2009 16:38
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And the selling and buying continues... | ||||
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ZebraCrossing
Senior |
18-Dec-2009 11:29
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Hopefully the price action will stabilize and trend upwards.. See people keep dumping this counter.. my heart bleeds.. hai |
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des_khor
Supreme |
18-Dec-2009 10:53
Yells: "Tell me who is the God or MFT from this forum??" |
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If continue sell down later will become old town... | ||||
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risktaker
Supreme |
17-Dec-2009 21:18
Yells: "Sometimes you think you know, but in fact you dont" |
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I will buy in tomorrow :) | ||||
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acercreative
Member |
17-Dec-2009 20:48
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i wonder who is dumping the share everyday when the company is signaling its intent to protect the share price. Excessive share buy back is also not good for the company, company only has RMB 198 million in cash. | ||||
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ZebraCrossing
Senior |
17-Dec-2009 20:38
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Another 5 million shares purchased today.. |
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grandmaster89
Veteran |
16-Dec-2009 01:00
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Share buy backs are one of the way a company could reward its shareholders when it has excess cash. The shares bought are kept as treasury shares thereby reducing the number of outstanding shares in the market. This enhances the value of the remaining shares in the market as it increases the proportion of shares held by the shareholders. This is opposite of a private share placement which is dilutive since it reduces the proportion of shares held by shareholders. The reduced number of shares will hence increase the EPS and NAV of the stock. This makes the shares more attractive. |
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ZebraCrossing
Senior |
15-Dec-2009 23:12
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Hopefully market will take notice and start pushing the price higher abit! | ||||
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des_khor
Supreme |
15-Dec-2009 23:09
Yells: "Tell me who is the God or MFT from this forum??" |
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tmr will buy another 10m... | ||||
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ZebraCrossing
Senior |
15-Dec-2009 23:08
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Announcement on SGX that it has bought a further 1.1million shares today.. Seems to be an on-going trend now? | ||||
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qwertyuiop00
Veteran |
15-Dec-2009 22:05
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dont need to worry about the 10400 lots sell down at 0.135 today, the company wont be so stupid to buy 10000 lots at 0.14 beforehand if they know that the share price is going to drop below that | ||||
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acercreative
Member |
15-Dec-2009 21:56
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more share buyback to defend $0.14 floor. | ||||
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des_khor
Supreme |
14-Dec-2009 10:38
Yells: "Tell me who is the God or MFT from this forum??" |
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lai liao lai liao... | ||||
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melchamp
Member |
11-Dec-2009 18:56
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Yes, share buy back is good, this babe is long too under valued !! | ||||
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acercreative
Member |
11-Dec-2009 18:20
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today support at $0.14 was due to share buy back. http://www.sgx.com/wps/portal/marketplace/mp-en/listed_companies_info/company_announcements |
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dlimck
Member |
09-Dec-2009 09:51
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Finally this counter starts to move up..... Likely is share buy back. |
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daniel2356
Member |
20-Nov-2009 15:41
Yells: "Easy Going" |
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Usually share buy back is kept as treasury shares.
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