$SIA (C6L.SG)$ ：SIA has started it's daily shares buy back p...
$SIA (C6L.SG)$ ：SIA has started it's daily shares buy back programs. That's a good piece of news for us all.
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要起才会赢 : how will it benefit us?
DreamZ85 : Benefit us? It won’t? They are the one benefiting it because there alot of fools selling it to them at a cheaper price and they are happy to accept it thanks to all the fools
Small bull : buy back is too small to make any difference. seen lots of buy backs from so many stocks over the decades, all useless for retailers.
Ricky138 : depend on how you see it. if more funds are allocated to buyback, probably less chance u get a super dividend special.
Meng PaPa OP 要起才会赢 : By right, share buy back should push the share price up, however, the buying back is too negligible to cause any price appreciation. I almost fell into this buy back trap, after careful and detail reading then I noticed it was a very tiny amount.
Meng PaPa OP DreamZ85 : The fools here are all intelligent fools, they made a lot of fake noise to fool the fools instead. Here are all old and experienced fools, not easy to be fool by young fools.
Meng PaPa OP Small bull : Yes, I call it fake buy back. Ka Jian Puteh buy back and announced share buy back. Luckily I read the details.
Meng PaPa OP Ricky138 : You have the point, hopefully, they keep the funds for bigger June dividends.