Share Buy Back Program
$HongkongLand USD (H78.SG)$ Congrat to investors who bought HKL in past few weeks when price dipped. Many think the management is abit old school engaging in share buy back, but it is better than putting the cash in the bank. If the management is ’savy‘ enough, they can actually securitise the investment properties, i.e. selling the properties into REITS while holding a 50-70% share in such REITS. HUAT AH, i believe the price will go up further in coming days…
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102504331 ASL : Why Price drop from 4.87 to 4.63? Any reason
GM 1 102504331 ASL : Yeah, what’s the reason? Now I want to standby to re enter
Investphil : will it goes up to 5? I bought at that price