In order to push up a stock price, it need a volume. Director disposes the shares is not a bad thing, in my personal view is good thing is going to happen soon. I suspect director dispose some shares in WA to make the warrant more liquidity instead of all major shareholder just holding it and hardly to push up the price.
I like the fact that directors are disposing WA and not mother shares. They are just treating it as dividend, a way to cash out to buy/support their lifestyle. Very normal
If up, analysts will say... profit double up and potential growth. If stagnant or down, analysts will say...within expectation and uncertainty remains. Anyway, believe this counter is a good one. Good luck.
Rapid two more years to go .. oil and gas activities in the region is increasing though at slower pace but steadily ..If oil price keep rising.. order should be more. would it fly to 0.80 next week after budget ?
What is the point of rewarding the directors namely Tang Ang Ang, Ng Lee Lee & To Tai Wai with ESOS? They sold all their warrants showing no confidence to the company management and future. They are part of the management and totally no loyalty to the the company at all.
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....
Jona0724
812 posts
Posted by Jona0724 > 2017-10-10 20:14 | Report Abuse
trinitynoob: yes i busy for spending the earning money liao