Disposal by people like that is usually because of "impatience". Usually is because they want some quick money. This is my genuine belief, not sweet talking you.
Same thing happened before for IQ. The kwailo CEO sold bits and pieces every now and then. He is a salary employee, not taukeh
Hi Icon, Did you considered the movement of director on acquisition and also disposal of share during performing share analysis? I am just curious, sometimes people will give buy call when director keep on acquiring the share.
Focus Lumber boss sold big chunk at 1.40 in early 2015, but the share price now is 2.70. The boss also didn't foresee RM depreciated by so much and the company can make so much money
there are cases whereby the boss "pretend" to dispose to scare you to sell to him. After that he rammed up share price. MMSV boss did that.
In short, it is difficult to tell future price direction from boss buying or selling
this chap is not the only director selling. other directors were selling too earlier. with cheap options and cheap placements, the temptation is too cashed in on the profits.
Sifu Icon Thanks for the update. Will continue to keep. Today enter PRG (after reading your part 2) Gone thought your blog spot past few days. Lots of Hidden Gem (eg EUPE similar with PRG) Will buy more.
Genetec directors keep selling from 0.22 until 0.28.... Just dunno why director selling so early ...maybe he want to buy Ferrari before year end sales..
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....
tjhldg
27,218 posts
Posted by tjhldg > 2015-12-21 12:36 | Report Abuse
ooooo ... panlai lo .. ada shout at sini bo when bought ?