1st QR 30JUNE, revaluation of Property filing - published on 29 AUG
AR 31MAR2021 - published on 29 JULY2022
Per the 30 largest shareholder in the AR - the top 3 in combination is below 25% of the issued shares, not that common. Next to them, almost at least another 7 companies holding between 1.5% to below 5% These companies in combination are controlling this counter.
WHY certain major shareholders are selling even before the AR being published? Oversold.
Perhaps there were properties/businesses were injected into this counter so the owners received the Shares in the public listed company. The major shareholders are in such a structure.
BUT, it has the disadvantages when the directorships in these companies (mostly PLC), have glaring differences in terms of the personality such as having spouses, cousins, uncles inside...just in case.
When any discord can happen among these companies so the tussle will affect the
And when at such a low price now, the other controlling parties got the opportunity to top up their stake
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....
Posted by Bright888 > 2022-09-05 15:17 | Report Abuse
Good company, worth the long term investment