Refer to my previous post of 26 Jun 2021 on The Hour Glass:
http://superphang.blogspot.com/2021/06/the-hour-glass-rampant-buybacks.html
The Hour Glass kept buying back their company shares and the last that it bought back its own shares was on 4 Aug 2021: 342300 shares at an average price of $1.51 apiece with a total outlay of $518,200.70. $1.51 is so far the highest price they paid since they started the buyback spree from 16 Jun 2021.
It will likely release its 1Q earnings on 11 Aug 2021. From their rampant buybacks, it is logical to deduce that the result will be solid. It is also likely that the management would reward themselves and shareholders with a 3-for-1 or 4-for-1 bonus issue as they did many years ago.
Prescientsuperphang
http://superphang.blogspot.sg
http://superphang.blogspot.sg
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