sino grandness - undervalued stock

More
11 years 2 months ago #15857 by BNN
CEO Huang bought 50,000 shares @ $1.095.

At a time when strong displays of confidence are required, he managed an insipid effort by buying just 50 lots. Surely, he could have scooped up 500,000 shares.

Please Log in or Create an account to join the conversation.

More
11 years 2 months ago #15858 by chinsoonyuen
There could be reasons why 50k and not 500k.

Please Log in or Create an account to join the conversation.

More
11 years 2 months ago #15869 by relaxing
Token buying by insiders can be detrimental if there is no follow through when price drops further? The same goes to companies with share buy back mandate but do not use it even if the share price drops to ridiculously low level. Sometimes they just buy small quantity without follow through even when price drops much further. Most annoying is when they have loads of cash.

Please Log in or Create an account to join the conversation.

More
11 years 2 months ago #15872 by BNN
Two positive reports this morning from Maybank Kim Eng and UOB Kay Hian . Result: the stock is on the rise. Up 7 cents now.

Please Log in or Create an account to join the conversation.

More
11 years 2 months ago #15878 by BNN
Asdew Acquisitions bought 1,756,000 shares yesterday for S$1,868,735.20.

Average price $1.064.

Total holding: 7.27% (21,354,000 shares)

Please Log in or Create an account to join the conversation.

More
11 years 2 months ago #15879 by BNN
CEO Huang bought another small slice of 50,000 shares today.

Please Log in or Create an account to join the conversation.

Time to create page: 0.223 seconds
Powered by Kunena Forum
 

We have 505 guests and no members online

rss_2 NextInsight - Latest News