PDA

View Full Version : Leong HIn Holding Shares buy back

chipmunk
August 8th, 2003, 03:40 PM
Receive the circulars from them.
bolts
August 10th, 2003, 12:34 PM
Originally posted by chipmunk
Receive the circulars from them.

Share buyback by a company is a good thing. It means the number of outstanding shares will decrease, thus, increasing earnings per share. And as everyone knows, when EPS goes up, shareprice will go up.

It's a neat trick that companies use to improve the share price.

Keep your shares and watch your shareprice climb!;)
chipmunk
August 10th, 2003, 05:08 PM
Originally posted by bolts
Share buyback by a company is a good thing. It means the number of outstanding shares will decrease, thus, increasing earnings per share. And as everyone knows, when EPS goes up, shareprice will go up.

It's a neat trick that companies use to improve the share price.

Keep your shares and watch your shareprice climb!;) Sold off long ago
bolts
August 11th, 2003, 09:56 AM
Originally posted by chipmunk
Sold off long ago

Too bad.