yongts
2022-01-14

$TOP GLOVE CORPORATION BHD(BVA.SI)$it seem like the company have not start buying back own share yet. Today volume is low and mainly buying at lower bids. It does not seem like the work of company buying.  

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Comments

  • Ryanccs75
    2022-01-19
    Ryanccs75
    don't think they will buy back so soon after significant loss in the buy back last year
    • yongts: 
      they will have to buy back nearer to Hong Kong IPO. the reason is to boost up the price to get higher selling price so they do not have to sell more shares, also to make the company more valuable. 
    • Alihuat: 
      then when and how will they buy back??
  • yongts
    2022-01-14
    yongts
    company probably find that too early. wait till closer to Hong Kong listing. no point fighting the market and short sellers now. reserve all bullet for final battle.
    • Alihuat: 
      when is hk listing again??
    • yongtsReplyAlihuat: 
      it is scheduled to be in february 2022. after chinese new year. wanted to raise RM2.21 billion. i expect it 2 b price around RM3.(s$1)if at pr now it has to sell 1.05b shares if at RM3,only 730k share
  • Alihuat
    2022-01-14
    Alihuat
    why ah?? nt low enu?? saw someone say wait to .70..
  • Stingaling
    2022-01-15
    Stingaling
    overbought already? since start of covid
  • Success88
    2022-01-15
    Success88
    👌
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