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05-06-2015, 09:58 AM
(04-06-2015, 08:53 PM)Curiousparty Wrote: Insider buying is much better than company share buyback because the person is "risking" his own money, whereas company share buyback is using "shareholders' money" to consolidate the "controlling family"position (e.g. Low Keng Huat, CES, etc, etc)
Hence, I would regard this as a much stronger signal that the shares of the company are undervalued. Well, the insider could be wrong.
But if I am insider, I will not want to risk my money (even a dime or cent) for something which I have no confidence in...
A few possibilities here. Maybe a big tender contract win? Or some further strategic partnership with XXX, YYY, etc
(04-06-2015, 08:24 PM)vesfreq Wrote: For those vested in BP,
Wong Yu Wei did a share buyback at 90 cents 325,200 shares. Though shareholdings haven't cross 5%.
Its no small money from common folks perspective. Good start for BP. Hopefully FF Junior can live up to the senior's reputation.
The thing I am scared most is not nightmares or market crashes..... Its my greed that I fear the most.
When people ask what is my target price, I never have any good answer for it because Philip Fisher said before (in Common Stock Uncommon Profit) that the best time to sell is never. Equity investment is buying into ownership, not betting slips.
The path to greatness and wealth is necessarily dangerous.... because greed is a fearsome fore that threatens your success at every step.
When people ask what is my target price, I never have any good answer for it because Philip Fisher said before (in Common Stock Uncommon Profit) that the best time to sell is never. Equity investment is buying into ownership, not betting slips.
The path to greatness and wealth is necessarily dangerous.... because greed is a fearsome fore that threatens your success at every step.