Best World

Think still buying back shares today. ANyone care to comment about their share buyback?

Buy back so LITTLE.....how to convince investors?

Image of write-up in BT today, fyi:

  img717.imageshack.us/i/bwi1.jpg/

Net Cash of almost 18c per share. At 26c, minus the cash only per 8c per share, worst the risk?

I have almost forgotten that this company existed. Suddenly, see its announcement about buying back its own shares: total of  227,000 today. OMG, the stock has gone down to just over 20 cents????? What happened ?

Bestworld, you still hot about this babe?

The forgotten stock has S$32 million cash,  practically no debt. Compare that with its market cap of $41 million and you know why the company has been doing some share buyback, and insiders have been buying.

Having said that, however, the business suffered a small loss in 1Q. And there is no strong signal of a return to 'normal' profitability. No earnings recovery is bad news and raised the Q: Will it gv its normal 1.2 cent interim dividend?