The directors of Pohuat would have tainted a very bad image for themselves if they disposed the shares a day before announcing lackluster profit. Trust would be flushed all the way to the drain. Is it worthwhile for them to take such kind of risks to cash out RM 500k?
agreed with up_down..... they sure have known about the result & able to predict the reaction of market after result has been posted...if this disposal is related to bad Q result that ll b announced very soon, i loss my trust on them too...i hope is otherwise....tq
If director dispose 500k value share by today and the share price still able up 1.28%.Im wonder ikan bilis investor can eat this 500k value share?think positive
director is not stupid. Selling 1 day before bad quarter can get u big trouble. Plus by all means he cud hv just need some cash. Company spending huge money to build coporate image. U think its worth being tainted just for mere 500k?. Just wait report. If good then keep. If bad then throw. just to save few ticks lost, u wud sacrifice more potential upside?.
look at the trend of this director. he has been disposing share regardless of the good result last quarter. obviously he wants to cash out. plus last year this quarter, the coy had fire dmg and resulted in lower profit and with the recent 2m claimed by insurance and almost full capacity run in the production. YOY will definitely grow substantially.
Chosenlc..Then how u explain other director/shareholder not throwing shares...since u already judge the result is negative base on one director selling..or u only sin ga lan
The sucker Independent Director really has spoiled the name of Pph Huat Board. He was relying on his insider information to trade shares. The Board should get rid of him.
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Posted by Davidl > 2016-06-29 18:01 | Report Abuse
Disappointing Q result to be expected, be cautious guys!