i don't think khee san is for sale....a sudden appearance of substantial shareholder make the controlling owner to buy more the share in the market to prevent the new substantial buyer to buy more...
LonBisc is increasing its stake in Khee San (6203) based on the latest reporting. And in a rather aggressive manner too. In the last two days of trading, its buying accounted for more than 70% of the traded volumes in the market. Its last reported trades prior to this was on Nov...
Why Liew family keeps "monopoly" the market volumn ? More than 90% shares transacted during 9/3 to 11/3 are from them. (refer to the company announcement)
Q1'17 see improvement. Receivable reduce from 70.7M to 58.7M, Borrowing reduce from 77M to 61.7M. EPS stood at 1.26 cent. Revenue increase from 27.7M (Q1'16) to 36.5M.
Declare 1 cent dividend after 7 years of production expansion. Last dividend year is 2009. Seems like expansion completed, now start to clear the debt & grab the fruit. Expected EPS increase for Q2Q, means that share price start to rise??? let's wait & see.
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....
黄劲豪
123 posts
Posted by 黄劲豪 > 2015-11-30 18:49 | Report Abuse
director keep buying! looks like got fruits inside!