Chun Ming Siow's comment on GDEX. All Comments

Chun Ming Siow
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Chance of gdex getting into privatisation? Good result good cash but market share decreasing. Hmmm
Swim Vshark
you can sum up total ticket from 2016 to 2021 share buy back. the way gdex to privatisation is still super long way, if he really want.
they own too less, so they have to buy back, is normal.

https://www.thestar.com.my/business/business-news/2016/02/13/block-of-gdex-shares-changes-hands
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Swim Vshark
Stock buybacks, although they can provide benefits, have been called into question in recent years.

There's been a large rise in buybacks over the last decade, with some companies looking to take advantage of undervalued stocks, while others do it to artificially boost the stock price.

Buybacks can help increase the value of stock options, which are part of many executives' compensation packages.

Buyback programs can be easier to implement than dividend programs
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Chun Ming Siow
I think the stock buyback from gdex somehow is to support the price of the day before it falls further.
Like · 3 years · translate