Stock Buyer Purchase date No. of shares Price Shareholding
Leeden Steven Tham (Chairman/CEO) 24 Sept 300,000 35 cts 7.25 m (4.16%); 31 m (17.8%, deemed interest)
Kelvin Lee (COO) 25 Sept 310,000 35.4 cts 21.57 m (12.38%, deemed interest)
HLN Technologies Wa Kok Liang (COO) 17 Sept 173,000 38 cts 8.9 m (7.2%)
21 Aug 669,000 22.5 cts
17 Aug 10,000 22 cts  
Bright World Precision Machinery Shao Jian Jun (CEO) 23 Sept 553,000 16.084 cts 900,000 (0.23%)
22 Sept 347,000   15.831 cts 


150steven-tham
Steven Tham, chairman/CEO, Leeden

Leeden: The shares have traded within a very tight range so far this year, unlike many counters which dived sharply in March and have since made more than 100% gains.

Leeden, at its lowest this year touched 31 cents, and recently closed at 35 cents – at which level its top two management staff, Steven Tham and Kelvin Lee, have recently bought shares at.

Leeden provides integrated products, services and solutions for welding, gas and safety to its clients.

It currently has a market cap of about $65 million, a dividend yield of 2.78% and a historical PE ratio of 8.4.

It has a share buyback programme, whose most recent action was in the Feb 26-Apr 30 period when it bought back 2.4 million shares at an average of 34 cents each. 

Read our recent story: 
LEEDEN: 1H09 core revenues jump 48%

 

 

150leslie wa Wa Kok Liang

HLN Technologies: This is a small-cap whose CEO stepped down to become COO, after having sold a chunk of his holding to a third-party.

The interesting fact is, Wa Kok Liang, seems to be intent on buying back what he had sold just a short while back – and at much higher prices.

Could this signal the more exciting prospects that HLN are likely to have in the future under the new CEO, 28-year-old Jeff Cheong?

Read our recent story: HLN TECHNOLOGIES: New dreams under new CEO, 28



Image
Bright World's stamping machinery. Photo: annual report

Bright World Precision: This is an S-chip that has been a laggard in the recovery rally but its CEO, Shan Jianjun, seems to think the stock is a bargain.

He bought 900,000 shares at around 16 cents apiece, his first on-market purchase since the company was listed in 2006.

The market seemed to be taking the cue from him, and has pushed the stock up to 20 cents recently. That's still a lot lower than the 70-75 cent offer price by a suitor intent on taking over the company last year (before the Lehman crisis).



Read more about the takeover offer in 2008: 
BRIGHT WORLD: My take on its takeover offer

You may also be interested in:


 

We have 650 guests and no members online

rss_2 NextInsight - Latest News