SDG 0.00% 7.3¢ sunland group limited

share buy back, page-4

  1. 1,394 Posts.
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    I'll stick my neck out and say that Sunland will look foolish if it doesn't announce a share buy back in the near future.

    Exploring the possibility of a share buy back was announced by the Company on 12 Jan and reconfirmed on 18 Feb and an announcement surely isn't far away.

    With its strong cash position and the share price at a record low against NTA it doesn't take Einstein to work out that now is the time to build investor confidence by putting a solid floor under the share price.

    Then again, maybe something else is being contemplated, don't be surprised if a management buy out is announced and this Company is delisted!!
 
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