I don't see the different by giving out treasury share or dividend. You could just sell off those treasury share and get your cash. In fact, company keeps treasury share is for nothing unless some further actions, which cash flow is make more sense for company to keep. Besides, treasury share + BI is increased total share number which could improve the circulation.

I have different thought as u, 388m of share is easier to be manipulated by big shark, if doubled, would be a number. A good company will be rewarded by market with fair price, u do not need to be so worried about the price is not moving upward if YoY is improving.

@jonny Yong I don't know about you , I hold this counter for 2 year ++, my capital gain is 140%+- with share investment, I am welcoming the free dividend share , cause it will create more dividend in the future + it will increase my capital at hand. off course if you are doing short term trading , ur perspective might be different , hence you don't like it, all the best to u, I , however as a middle long term investors , I am quite happy , free share + share create more dividend is ok for me

RCE cap is a dividend stock most investor buy for the dividend payout and not the share price appreciation. the share price doesn't change much becos the company is always buy back the share and that's the reason why there is so many shares available in the Tresury.

Dividend payout ratio isn't affected by outstanding number of share. For example management currently impose payout ratio policy of 40%, says if next year net profit maintain, and company decided to give same dividend amount as FY2021, u will be getting 6.5 Sen per share instead of 13sen per share (outstanding number of share nearly doubled due to BI).

the amount is still the same as before the bonus issue so what the difference. apparently you are new to the trading game. company buy back shares from the market via profit and treasury shares should either be cancel or return as dividend to shareholders

Joke, keep attacking others without knowing a person. The world is not 0 and 1, it is fuzzy. We are with different perspective than you and you keep attacking us novice, do not understand trading mechanism, what do you want? See your profile picture should be mature enough but mindset is kind of childish. Discussion is not always with 1 conclusion, be more patient, with your age still so aggressive, for what? Attitude is the key point, regardless of age.

Guys, no point to argue here, all of us will know in 2 weeks time. For those novice just keep your mind open and learn more from the experience, for those experience just be humble to the rest and share. This bonus payout should be cheers.

IMHO, there is nothing right or wrong, it depends where is your situation, if your cost price is very long, short term volatility doesn't make any pinch of hurt, but if your are buying at this level, may not be profitable in one or 2 years. Cheers from my experience.