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The company is brave enough to purchase crazy amount of shares at this price why? To give shareholders confidence and indication that now is dirt cheap and he’s collecting with you. As simple as people will watch more Netflix during MCO makes Netflix share price go up , more gloves will be needed if you see the growth of covid 19 cases every month and just pure logic that even administering vaccine will need to use gloves. Do you think your doctor wants to jab everyone without wearing gloves? Fundamental is good. Revenue and profit is growing. Demand is not decreasing anytime soon. Management is also very good to get together and not run away from shareholders during dips like this. Please name me a better counter to hold long term if you have one. Take this as an opportunity to dollar cost average and buy when it is cheap. Invest safely and wisely everyone :)
the problem is Mc curry based misled others into believe that the asp won't go up but the fact is profit is tremendously increase compared to the previous quarter , mc curry roti canai wrote range from highest to lowest and average , call to sell as they might reap the gain .
M curry said underperform when the result is not even out . I think they should always give a call buy/sell after result out , but not during panic time . When the rain is heavy , they take away the umbrella . They are very ‘good’ ppl
If the company (and not the shareholder/owner) buy back their own shares (like the case of Top Glove), this means this is a company decision and not a decision by one person for their own agenda.
And company will only do what's best for the company. And in this case, who can know the company better than the company themselves?
