12-Nov-2021 Insider MR ONG WENG LEONG (a company director) acquired 500,000 shares at 0.865 on 12-Nov-2021. 12-Nov-2021 Insider MR HU KEQIN (a company director) acquired 500,000 shares at 0.865 on 12-Nov-2021. 12-Nov-2021 Insider MR SOH TONG HWA (a company director) acquired 500,000 shares at 0.865 on 12-Nov-2021. 12-Nov-2021 Insider MR GAN HUNG KENG (a company director) acquired 500,000 shares at 0.865 on 12-Nov-2021. 12-Nov-2021 Insider MR CHAM TECK KUANG (a company director) acquired 500,000 shares at 0.865 on 12-Nov-2021. 11-Nov-2021 Insider MR HU KEQIN (a company director) acquired 118,000 shares at 0.855 on 11-Nov-2021. 11-Nov-2021 Insider MR CHAM TECK KUANG (a company director) acquired 118,000 shares at 0.855 on 11-Nov-2021. 11-Nov-2021 Insider MR GAN HUNG KENG (a company director) acquired 118,000 shares at 0.855 on 11-Nov-2021. 11-Nov-2021 Insider MR ONG WENG LEONG (a company director) acquired 118,000 shares at 0.855 on 11-Nov-2021. 11-Nov-2021 Insider MR SOH TONG HWA (a company director) acquired 118,000 shares at 0.855 on 11-Nov-2021.
Why directors buy warrants, not shares? Short answer is they try to give the shareholders impression that the mid to long-term prospect of the co is very bright.
The issue you need to consider is whether you believe it or not..
If you observe carefully, why no director acts individually and bought in warrants directly under their own accounts..this is worth for you to ponder about ..
On the other hand, it is also good to see that the top management has tried their best to stabilise the price..
there can be many guesses as to why.... may be current son price consider undervalue...may be the owner continuously buying son for future conversion to increase % of share holding a cheaper way 1-2 years down the road.... may be just trying to paint a good future prospect... may be the owner just feel too boring just want to support the son price.... any guesses will do... the real reason behind the buying, well, only the owner knows... we can only buy/sell base on what has been disclosed.. if u think is good then buy/hold, else just sell...
RAKUTEN TRADE RESEARCH (NOV 3): We see huge growth potential for KGB’s ultra-high purity (UHP) segment as more fabrications come on stream amid a global chip shortage as capital expenditure is rising rapidly in Asia. With its record high tender book of RM1.1 billion, KGB is focusing on bidding for semiconductor wafer fabrication projects in China and Singapore, which are its largest revenue contributors. As at last month, the group had an outstanding order book of RM979 million, of which 58% comprised data projects in Malaysia.
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....
DJThong
473 posts
Posted by DJThong > 2021-11-01 20:55 | Report Abuse
Getting further from 2.50!