Kfng8168.. he selling small portion only. If he sell in big amount, then we should start to worry d... he holding 75% of share, should sell some for 流通量。
This Campany is good dividen paid 10 cent. Since the price seem like going to drop below rm3.00. We can collect it. But I dunno what is the support price ? rm2.95 / rm2.80 / ...
wahaha..if not mistaken,hapseng cash on hand too many,over 33% of total asset... syariah got one rule is cash on hand cannot more than 33%,detail I forgot...
Its just the market on that day. We had the highest volume (2 billion) on that Friday for the past 1 year. That day saw the listing for 7-11 and a record volume for Public Bank. I believe what happened was liquidation of Hapseng shares for the buying of PBB and maybe 7-11. There is nothing wrong with Hapseng except that it has done so well. Anyway 7 million shares is only 0.35% (not even 1%) of a 2 billion issued share capital. Hapseng has a war chest of RM572 million and its owners control 82% of its issued shares. I think maybe limited downside and once this liquidation is over it will recover to new highs maybe before mid June.
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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....
kfng8168
8 posts
Posted by kfng8168 > 2014-05-23 21:53 | Report Abuse
The 2 same directors keep selling... Wonder what's going on..