Posted by YOLOOOO > 2015-04-16 19:37 | Report Abuse

why HSC kept on selling sign?

Posted by Steve Ong Wei Siang > 2015-04-20 16:58 | Report Abuse

No public info on this but the most possible motivation is liquidity and there are market demand. SIGN has very low free-float in the past. It could be hard for HSC to exit (if they wanted to do so much earlier) without negatively affect the share price. But with the outstanding performance reported by SIGN in the last Q, it is easier to exit now. HSC's exit also coincident with estimated completion of SIGN's contract in Aragreen Resident (HSC's project) around this quarter. One more thing, as mentioned in my post, the resignation of Dr. Lim in Jan last year may indicate the exit is more earlier-planed rather than recent negative development of the company.
Anyway, market is always right. HSC's selling have been meeting with high demand. I view this more positive than otherwise.

Posted by cheeseburger > 2015-04-28 11:47 | Report Abuse

wait n see. Rock will surface soon..