Dear readers, we hv an opportunity to interview the management of LMA International very soon. Pretty interesting business. Anyone has questions that he/she wld like us to try to ask....? Pls post here asap. Thanks....
Most of the uptick for this stock has come from LMA share buyback. While LMA is a global leader in its field, in fact it created the industry, it hasn't attracted institutional following. It's too low key.
LMA is going to be picking fruits for a long time. Today 150,000 shares bought by them at 35 cents ++. Accounted for 65% of the volume traded in the stock today. Tomorrow? The story continues.....
Yes, LMA is relentless in its buying. Today, another day. Bought 150,000 shares at 35 cents. Wonder when the company will stop buying -- cos there is not enough buying by others -- and that would see a wide spread between buy and sell bids.
LMA bought back 184,000 shares today. Minority shareholders who sold out should ask themselves why the company is picking up shares everyday. If I were a shareholder, I'd be holding tight to my shares. ...... hahaha...