If u are confident in scientx, then it is a good news company dont share buyback as you shud be happy your favourite company is on a discount. If u think the contrary, share buyback is a way for u to sell when it is back to your average purchase price.

Welcome. U may want to read the latest cover story to know more abt this stock.
Basically, this is a company w 2 bussinesses: packaging & property (affordable housing dev). The profit of co comes mainly from property. 80% frm property. The packaging segment has not been doing well due to many reasons, incl greater competition, reduced demands, higher operation cost (electricity, minimum wage). On the other hand, property segment has been quite stable. And the OPR rate cut recently is a good news as it means cheaper instalment. However, data shows the property market is slowing down..

Smc. Your calc is a little off. Looking at past 11 Qeps, it's betw 123m to 141m per Qtr.
Based on yr 80% rule, prop Dev profit is 98-113m per Qtr (Qeps 6.3-7.3c max). If based on latest Qeps 123m, 80% is 98m from prop Dev which would be 6.3c from property side alone