CHINA FIBRETECH . A multi-bagger you can't ignore

I nearly fell out of my chair after opening the announcement by Fibretech. This company has made its first share buyback!

The purchase was 100,000 shares at 3.5 cents. Small quantity only.
I have some scepticism : is this for show only? Even if they continue to buy ove the next few weeks, I would be skeptical.

Bear in mind that the AGM is coming soon --- is the management trying to pre-empt criticism from shareholders for not doing anyting about the sinking share price?

Really?? I was the one who sold the 100 lots. haha. but they are so stingy. only 100 lots at $0.035...sigh

The CFO, Kek Poh Hean, has resigned. Anything to worry about?
Prob not, as he has been with the company for 4.5 years and should be quite tired of the travelling and seeing the share price so down and dealing with disappointed investors.

Accounts audited as they  announced 30 April AGM. Presume external auditor is happy with their Rmb439 million cash or about 20 cts cash/share?  Share price is 3.5 cts. S-Chips are crazy stuff LOL.

this share has gone to sleep. a total absence of interest and stimulus

Yes, this is a crazy stock. Can someone knock sense into the management and ask them to do share buyback  & consider privatisation so minorities can exit at 12-15 cents?