Jason King ori
commented on
$NVIDIA (NVDA.US)$ someone building mega AI
hope NVidia is involved. share price should sky rocket then
hope NVidia is involved. share price should sky rocket then
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Jason King ori
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$PWROOT (7237.MY)$
Recently, the company has been "buying back" its own stocks from the market, this operation is called share buyback. In simple terms, the company uses its own money to repurchase some stocks from the market and holds them in its own hands (called "treasury stocks"). This quarter, they also spent RM 23.8 million to buy back over 16 million shares of their own stocks. Currently, they have repurchased a total of 25.1 million shares, these stocks are like a part saved by the company, not participating in trades, nor paying dividends.
Why do this? Why bother? To reduce the stock supply, allowing existing shareholders to earn more? After the repurchase, the number of circulating shares in the market decreases, for example, from 0.462 billion shares in the same period last year to the current 0.452 billion shares. With fewer shares, the company's earnings per share (EPS) naturally appear higher, is this generally a good thing for the stock price?
Maybe 🤔 the company wants to tell everyone "I have confidence in myself"? Share buybacks usually indicate that the management believes the company's stocks are undervalued, and the buyback is a signal? "I think I am very valuable, otherwise why would I spend so much money buying myself?" This also gives shareholders more confidence in the company's future?
With a lot of cash on hand, what is a good way to use it? The company has a substantial amount of money on hand (approximately RM 101.4 million). Instead of leaving it idle, it is better to use this money for share buybacks or dividends to reward shareholders.
On the positive side for investors, of course, directly increasing shareholder benefits, share buybacks reduce the number of stocks in the market...
Recently, the company has been "buying back" its own stocks from the market, this operation is called share buyback. In simple terms, the company uses its own money to repurchase some stocks from the market and holds them in its own hands (called "treasury stocks"). This quarter, they also spent RM 23.8 million to buy back over 16 million shares of their own stocks. Currently, they have repurchased a total of 25.1 million shares, these stocks are like a part saved by the company, not participating in trades, nor paying dividends.
Why do this? Why bother? To reduce the stock supply, allowing existing shareholders to earn more? After the repurchase, the number of circulating shares in the market decreases, for example, from 0.462 billion shares in the same period last year to the current 0.452 billion shares. With fewer shares, the company's earnings per share (EPS) naturally appear higher, is this generally a good thing for the stock price?
Maybe 🤔 the company wants to tell everyone "I have confidence in myself"? Share buybacks usually indicate that the management believes the company's stocks are undervalued, and the buyback is a signal? "I think I am very valuable, otherwise why would I spend so much money buying myself?" This also gives shareholders more confidence in the company's future?
With a lot of cash on hand, what is a good way to use it? The company has a substantial amount of money on hand (approximately RM 101.4 million). Instead of leaving it idle, it is better to use this money for share buybacks or dividends to reward shareholders.
On the positive side for investors, of course, directly increasing shareholder benefits, share buybacks reduce the number of stocks in the market...
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Jason King ori
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$TOPGLOV (7113.MY)$ Trump may impose 100% tariff on M'sia as a BRICS country which means M'sian gloves cannot enter US markets.
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Jason King ori
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$Intel (INTC.US)$ Price so low, just need few mega investors within their power to push it up. where are you mega investors. please show yourself. hahahha
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$Intel (INTC.US)$ bought and wait till 28. around 35 can start selling. only meaningful.
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$NVIDIA (NVDA.US)$ bought at 145. hope 1 year time, can reach beyond 152. preferably 162 ISH.
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$NVIDIA (NVDA.US)$ better reach 148 ish
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Jason King ori
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$TOPGLOV (7113.MY)$ with 3 billion sukuk, big mkt cap, Malaysia as second rubber producer, plus top glove capacity to produce gloves, things are positive for this share.
predict can easily hit rm1.35 to 1.45 by march, on the high side, may hit RM 1.60 and above by July.
buy buy and keep. who knows, RM2.2 and above. buy 1 or 2 lots, still better than putting money in FD. aim for 20 percent ROI at least.
USD strong, demand for Malaysia export is there, plus China Vs USA trade uncertainty, all w...
predict can easily hit rm1.35 to 1.45 by march, on the high side, may hit RM 1.60 and above by July.
buy buy and keep. who knows, RM2.2 and above. buy 1 or 2 lots, still better than putting money in FD. aim for 20 percent ROI at least.
USD strong, demand for Malaysia export is there, plus China Vs USA trade uncertainty, all w...
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Jason King ori
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Jason King ori OP Big bull Salvekar : aiyoh. I prayed for the wrong chip maker. hahaha