Something good coming or something fishy going on since Mr Chai has been accummulating so much shares since 2016 although the Co. P&L has been negative and doesn't seem to improve. Some views or comments from some kind soul, pls.
KUALA LUMPUR (June 8): G Neptune Bhd saw 7.6% of its shares crossed in off market transactions over the past two days.
According to Bloomberg data, 4.34 million shares representing 2% of its shares were crossed yesterday and a further 16.3 million shares representing a 5.6% stake were crossed today.
The 16.3 million shares transacted today changed hands at 9 sen per share for a total value of RM1.47 million. Yesterday, 3.88 million shares were transacted at 9 sen and 469,000 shares at 7.5 sen, for a total of RM383,925.
The identity of the buyers and sellers of the blocks of shares were not disclosed.
The company provides information technology solutions for the textile and apparel industry in Malaysia and Asia.
G Neptune shares closed down 0.5 sen or 6.2% to 7.5 sen today, for a market capitalisation of RM21.66 million.
26 Apr 2017 CHAI THAM POH (14,509,000 units Acquired) 28 Apr 2017 CHAI THAM POH (500,000 units Acquired) 2 May 2017 CHAI THAM POH (579,000 units Acquired) 5 May 2017 CHAI THAM POH (600,000 units Acquired) 9 May 2017 CHAI THAM POH (1,500,000 units Acquired) 15 May 2017 CHAI THAM POH (700,000 units Acquired) 17 May 2017 CHAI THAM POH (500,000 units Acquired) 18 May 2017 CHAI THAM POH (1,000,000 units Acquired) 23 May 2017 CHAI THAM POH (500,000 units Acquired) 23 May 2017 CHAI THAM POH (500,000 units Acquired) 24 May 2017 CHAI THAM POH (500,000 units Acquired) 25 May 2017 CHAI THAM POH (100,000 units Acquired) 31 May 2017 CHAI THAM POH (200,000 units Acquired) 1 Jun 2017 CHAI THAM POH (300,000 units Acquired) 6 Jun 2017 CHAI THAM POH (1,000,000 units Acquired) 9 Jun 2017 CHAI THAM POH (300,000 units Acquired)
KUALA LUMPUR (June 13): Hong Kong-listed F8 Enterprises (Holdings) Group Ltd, an oil products wholesaler and distributor, has acquired some 20.18 million shares, representing 6.99% direct interest in G Neptune Bhd.
In a filing with Bursa Malaysia today, G Neptune said F8 Enterprises acquired the shares on June 8 this year via the open market.
F8 Enterprises has a market capitalisation of HK$200 million, according to Bloomberg.
At 2.23pm, G Neptune's share price stood at 8 sen, valuing the group at RM23.1 million.
Bought 150lots to play around..the off mkt trades at 9sen a piece ia still much higher than my cost..and wats more when offahore institution buys, we can follow suit..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jOe_bangsar
161 posts
Posted by jOe_bangsar > 2017-05-08 15:57 | Report Abuse
ok.wana buy too