My sifu would say " If insider continues to buy ..are the insider "stupid" enough to pour in good money to exchange for bad shots..I would say hidden gem cant be spotted base on "luck' and Peter Lynch cant be lucky all those years . The said ware house was bought in 2009 at the cost of $898k and I am sure everyone knew the great property bull 2 to 4 years ago . KBK hold 13 m shares of Solid . Plus the Ker family have been mopping up the shares from the open market for the last few months . Work out the math the total investment value of the Ker family in Solid compare a single purchase of a warehouse costing S$1.23m (equi to below rm4m ) . Ratio analysis are based on historical data so by the time the fundamental is known it wont be a hidden gem ..cheers
Blog: Insider Purchases Spotted @ Solid Automotive Berhad
2017-05-24 22:50 | Report Abuse
My sifu would say " If insider continues to buy ..are the insider "stupid" enough to pour in good money to exchange for bad shots..I would say hidden gem cant be spotted base on "luck' and Peter Lynch cant be lucky all those years . The said ware house was bought in 2009 at the cost of $898k and I am sure everyone knew the great property bull 2 to 4 years ago . KBK hold 13 m shares of Solid . Plus the Ker family have been mopping up the shares from the open market for the last few months . Work out the math the total investment value of the Ker family in Solid compare a single purchase of a warehouse costing S$1.23m (equi to below rm4m ) . Ratio analysis are based on historical data so by the time the fundamental is known it wont be a hidden gem ..cheers