Wong Chee Hui's comment on SKPRES. All Comments

Wong Chee Hui
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Based on the latest announcements and substantial shareholder filings:
SKPRES share buybacks (22 Jun–22 Jul 2026): approximately 18.56 million shares repurchased (1.0m + 1.4m + 4.0m + 4.3m + 2.985m + 1.25m + 3.62m).

Disposals by major shareholders (EPF, KWAP, abrdn and others): based on the filings we've been tracking, total disposals are roughly in the same range, around 18–19 million shares.
So, the buybacks have essentially absorbed almost all of the institutional selling. If your observation is correct that Friday's filing showed only buybacks and no further disposals, it suggests the heavy selling may have finished, while the company is still supporting the share price through buybacks. That would generally be a more constructive signal, although future price movement will still depend on earnings, market sentiment, and whether new sellers emerge.
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