Has the underlying financial metrics deteriorated that badly or just shorters shaking it to make a quick buck before 3¢ dividend goes ex? 6.5% yield is quite decent
$Frasers L&C Tr(BUOU.SI)$ Normally, company bringing good news would announce results before start of trading day , hopefully and bad news after market closes. [Miser]
SIA Engineering should return to SIA group. It will save a lot of money with shared top team management corporate services support.
SIA Engineering Buys Back More Shares
SIA Engineering (SGX:S59) repurchased 25,000 shares in the open market on Thursday for SG$60,252, according to a same-day filing with the Singapore Exchange.The company has been authorized to buy back 22.5 million shares.To date, it has bought back 4.1 million shares.
$Frasers L&C Tr(BUOU.SI)$ Maybe S&P's rating downgrade to BBB+ makes forced some funds so to sell some as it doesn't meet their metrics. Look at yield still high > 7% . If FED drops interest by another 0.5 % in 2025, current price & yield will attract big buys.