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why top glove used most of there profit extimate 1 billion to buy back there share? i don't think there r so stupid to buy back if they know the share of glove will drop down. Chinese man r not stupid. I think they buy back becouse they know will go even very high so that they can make even more.
Buy back is to stabilise the price to go down further , not the boss foresee the price will go up. This is just an illusion to cheat the investor that this counter still good
2nd waves apa la lu? 2nd waves in his factory workers is it? Malaysia already in 3rd 4th waves lo! Buy back is to reduce the numbers of shares in the market to prevent big sharks goreng his price.