$DBS Group Holdings (D05.SG)$ Regrets did not buy yesterday?...
Regrets did not buy yesterday?! hahaha. You still buy now while you can within $39. Next year is definitely above $40 with Trump winning elections & economy stablity due to leas war with peace too. This counter is “anytime you buy is a good time”. Huat Ah!!!!
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Jordan Mak : Actually buy back mean what ? Anyone can explain further?
friend688 OP Jordan Mak : Buy back stocks at higher prices by bank at interval throughout the entire whole year. The billions amount is huge. Primarily to boast investors confident & to gave new COE a boast for the new year 2025. Next year the US market will soar under new leadership and expects more rate cuts too. All good news.
colinvest Jordan Mak : When DBS buys back its own shares from the market, there are less shares available in the market which will drive the share price up
Jordan Mak : Wah , if that mean top up more today will be work ?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Jordan Mak friend688 OP : Thanks friend
singaporenewbie Jordan Mak : Let me try to explain
There might be different scenarios for bought back shares. Some companies will give them to staff as bonus, which in fact won’t affect the stock price much. While DBS plans to buy back and cancel, that will be a healthy approach to stimulate the stock price
For example, assuming there are 200shares in total and each share’s valued at $40, then total will be 8000. If the company buys back 100shares and cancels them, there are only 100shares in circulation. Assuming the total value is the same, each share’s valued will go up to $80, theoretically.
Jordan Mak singaporenewbie : Alright mate , anyway thanks for all explanation and wish all of us Wealthy and Heng Ong Huat
friend688 OP : Many gong gong stare side liners regretting as we speak. Still wait hahaha