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The share buyback shows the management strong belief in the value of Soup notwithstanding its NAV
Its business focuses on light on assets but heavy on cash.
All outlets are on rental...no purchase of any assets for its outlets. Everyday collect cash business.
No customers eat and owe money....there is not worries on 30,60,90 days receivables......and added advantages are soup suppliers have to wait for soup payment within 30,60 days.
CASH IS KING...
Challenger business is also similar to Soup... light on assets and all on rentals...and cash business also...Challenger share price now almost 60cent on low volume giving dividends too...
Hold on to your SOUP and ride on the dividend pay-out as well as share price increment....
ya u re right. its all the co buying back. no other substantial buyer. good call
PapaSmurf ( Date: 31-Oct-2013 18:58) Posted:
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There you go :
| 1 | Date of Purchases | 31/10/2013 | |
| 2a | Total number of shares purchased | 194,000 | |
| 2b | Number of shares cancelled | 0 | |
| 2c | Number of shares held as treasury shares | 194,000 | |
| 3a | Price paid per share# or | Currency : S$
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| 3b | Highest price per share# | Currency :
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Currency :
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| Lowest price per share# | Currency :
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Currency :
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| 4 | Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# | Currency : S$
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danytan ( Date: 31-Oct-2013 11:07) Posted:
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Lol 194lots of buy back at $0.256 lol... new support base!!!
chinton86 ( Date: 31-Oct-2013 18:29) Posted:
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Buy-back le
Wow broke through 0.26 with volume!
30 we coming soon
Today window dressing.. Swee Swee
Tomolo may have chance to be top volume,hope u all huat tua tua!!
eat until 260. go go go.
U kenna 2 lots from whom? lol
metallica ( Date: 31-Oct-2013 16:00) Posted:
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be surprise with the closing at 5pm
Soup Restaurant
Buy one get one free
Time will tell
yah, this is the risk if you Q to sell this kind of low price and low volume stock.
if they eat up 1 lot, u also LPPL have to pay minimum comm unless you do cash trading with Standard Chartered, for example, which do not charge minimum comm but requires upfront payment before you can buy shares.
Wolong ( Date: 31-Oct-2013 15:44) Posted:
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30 cents coming real soon
Nabeh...my 2 lots eaten up only @0.25... waste my commision la.
was at NTUC just now, saw the product display stand and product fully stocked.
last time only stock a few bottles, now got its own stand and easily 30 bottles or more.
But the buy one get one free offer signage is still not up yet.
r u ready?
today big cheong
cheong past 26 and breakout towards 285
can it do with remaining one half hour?
Tomorrow maiden November whole island ntuc selling new product
Buy one soup share free one soup share in few months time?
lol
It's cumming!!!
Where is the buyback?