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Roy Chong's comment on PTRANS. All Comments

Roy Chong
3 Like
Share buy back is good. Company can pay out dividend in share.
Desmond Chin
Want to ask, so will send letter to us if we want to accept the share buyback at RM0.23?
Like · 2 months · translate
Akmal Azizan
nothing to do with shareholder. it is the company who buy the share to increase the possession
Like · 2 months · translate
Desmond Chin
Erm, but must be any existing shareholder willing to sell only the company can buy back?
Like · 2 months · translate
Lawrence Lau U Hao
Buy back from market.
Ptrans as person like you and me, bought the share at 0.23(market determined the price.
What you mentioned is major shareholder privitisation the company. Major shareholder must give satisfy price in order to bought from investor
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Like · 2 months · translate
Roy Chong
On 9 Dec, company buy back the share thru open market. Which mean share in circulation in the public is now lesser
1 Like · 2 months · translate
Sin Tien Leong
Is it The reason behind is this is a money making company, they don’t want ppl to goreng the price. Correct me if I’m wrong Thank You.
Like · 2 months · translate
Xyreth Zheng
Company buying back shares could be good or bad. If they buy back when the share price is undervalued, then it is a good move as they are allocating their capital efficiently and protected the shareholder's interest. However, if company buys back the shares when the share price is soaring (overvaluation of shares) just to push the share price up higher, it is generally considered a bad thing as they are not allocating their capital efficiently by buying something that is overvalued.
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Like · 2 months · translate
Roy Chong
I agree with you Xyreth. Since it is under valued, company should back more to
1. Clearly express company stance on current price
2. Cost saving in near future dividend pay out
2 Like · 2 months · translate
Xyreth Zheng
This counter not for goreng type, need to have patience and trust in management... Need to have a calm mind although with all the roller coaster hoo-haa in Bursa... cheers
3 Like · 2 months · translate
Kaiba AA
lucky manage to bought in at 23sen. But unsure is lucky or unlucky yet. haha
1 Like · 2 months · translate
Xyreth Zheng
Value investor can only determine the undervalued price for a share, but for the price to go back to its fair value, we leave it to the market.... hahaha
1 Like · 2 months · translate
Roy Chong
Sin TL; not to scare you, i think it is due to supply & demand. If demand is there, they will not be able to artificially keep the price low. There is just so much reason for this, to list a few possible reason:
1. Global market in bearish which ensued from Donald Trump stance on China
2. Wait & see, buy-in only when it's hype up after Kampar Term. is ready or earning is reflected on upcoming financial result
3. Lost of opportunity to goreng other stock
4. Bad perception on public transportation
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2 Like · 2 months · translate
Sin Tien Leong
Thx for your info Roy.
1 Like · 2 months · translate