HUBLINE BERHAD ("HUBLINE") wishes to announce that our Chairman, Mr Richard Wee Liang Huat @ Richard Wee Liang Chiat, has given notice of his intention to deal in the securities of HUBLINE during closed period prior to the targeted date of announcement of HUBLINE's unaudited results for the Fourth Quarter ended 30th September 2014.
The total current holdings of securities held by Mr Richard Wee Liang Huat @ Richard Wee Liang Chiat is 7,750,000 ordinary shares of RM0.20 each.
Within certain period of qtr announcement, if any director will / intention to buy / sell the share, it have to make an announcement in Bursa. That is the meaning of the above announcement.
Yes, i agree with bro Goinvest88.. Hope Richard is buying not selling... He has sold higher price b4...might b this guy intended 2 buy back his shares...
It means in the shortest (eg without attracting UMA) possible time he will try (by hook or by crook eg goreng-lah) make the maximum profits ,out of dealings ( by selling it only he will get the moneys) of the said shares.
Instead of chasing after a other hot stock to me is very, very much logical to buy and keep Hubline for some potential big gains. Only 1 director sell, that is the same person who keep selling the share...maybe he is only interested in small term gain...but I am sure other director still in Hubline who is keeping it and it will surely move up one day...my stand...is to hold.
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....
nitestayer
518 posts
Posted by nitestayer > 2014-10-30 12:19 | Report Abuse
This announcement is dated this 29th day of October 2014.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1779469
HUBLINE BERHAD ("HUBLINE") wishes to announce that our Chairman, Mr Richard Wee Liang Huat @ Richard Wee Liang Chiat, has given notice of his intention to deal in the securities of HUBLINE during closed period prior to the targeted date of announcement of HUBLINE's unaudited results for the Fourth Quarter ended 30th September 2014.
The total current holdings of securities held by Mr Richard Wee Liang Huat @ Richard Wee Liang Chiat is 7,750,000 ordinary shares of RM0.20 each.