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$Canoo (GOEV.US)$ will recovery soon back up
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$Reviva Pharmaceuticals (RVPH.US)$ Reviva Announces Proposed Public Offering
GlobeNewswire· 6 mins ago
GlobeNewswire· 6 mins ago
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$Tonix Pharmaceuticals (TNXP.US)$ weak hand selling? hold, no fear! the big main course which of course the news have yet to release
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$TOPGLOV (7113.MY)$ Those who bought at RM1.20 ISH, at what price you will sell this share. For me, if reached RM 1.60 I will sell some. Deep down I hope can reach at least rm1.90 by end of 2025. what is your ideal price to sell? My way of investing, let say 5 stocks, will sell 3 when reached 20 percent appreciation, cos objective is to build wealth better put money at FD, the 2 remaining shares goes a bit greedy, depending on mkt condition.
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Where are the support and resistance lines for GENM Resorts Malaysia?
$GENM (4715.MY)$ $GENTING (3182.MY)$
GENM Genting Malaysia.
Where are the support and resistance lines?
$GENM (4715.MY)$ $GENTING (3182.MY)$
GENM Genting Malaysia.
Where are the support and resistance lines?
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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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$NATGATE (0270.MY)$
actually natgate will be better in next few quater
actually natgate will be better in next few quater
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$YTL (4677.MY)$ Is it going up or down in the afternoon?
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