014.HK had made a poor decision in Jun2021: bought a high costly office land in Caroline Hill Road!
It should use same money (or 1/3 is already enough!) to exercise "share buybacks" everyday at <HK$35 (Why HK$35? ... HK$35 is around 50% discount of its NBV.) and increase the dividend payouts.
Although it exercises "share buybacks" now, it is already not attractive as before, and its prospect is quite uncertain.
014.HK had made a poor decision in Jun2021: bought a high costly office land in Caroline Hill Road!
回覆刪除It should use same money (or 1/3 is already enough!) to exercise "share buybacks" everyday at <HK$35 (Why HK$35? ... HK$35 is around 50% discount of its NBV.) and increase the dividend payouts.
Although it exercises "share buybacks" now, it is already not attractive as before, and its prospect is quite uncertain.
I see its management performance is too bad!
Correction: NAV instead of NBV!^^
刪除同意 投資太大回報唔高
刪除如果要來回購股票 效果更好
它有回購 但不夠
刪除Besides, 778.HK should be better than 435.HK. (435.HK shall announce its full year results in this evening.)
回覆刪除P.S. I mean at their present market prices.
刪除有点奇怪就是808不停回购。778的股息率已经超过808了。
刪除I do not appreciate REITS using cash to buy back itself shares.
刪除REITS should pay more dividends if there are idle cash, so as to increase the dividend yield.
I prefer it buy back shares
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