This is really a scam to the core! Sheng Siong is like a sitting rock, heavy weight & all, but cannot move much. What's the excitement to buy in? Only DCD vouchers from govt is feeding it. If the bosses son didn't marry the Lee family relatives where got such good gifts? Sell off before people wake up to reality.
So isn't that like PAP giving out CDC vouchers just to keep the price afloat so that those with much more shares to sell off from the back then drop back to earth? Sound like a scam.
This guy is totally insane & making more speculators get greedy. I can see his downfall in due time. He didn't take illuminanti into his maths equation. It will drop to US$0 in due time....
These kinds of buy back schemes are like SCAMS! It's NOT very over sold or anything, but it's more of a planned event buy. Would you go buy an item if it's NOT on discount? And or VERY cheap to be even cheaper to buy in? DBS is no different.
Alibaba is just too powerful to stop. It's damn freaking under valued. Singapore easily got 4000 group ship groups buying reasonably priced items from Alibaba to send to Singapore monthly. And more unknown are doing the same. Stock price can only go up.