Major shareholders/directors acquiring substantial shares of the company showing their support for their company. Please refer to the announcements dated 26/03/2014.
Sifu-sifu i receive this in my mailbox today document stated "Share Buy Back of up to 10% of its own issued and paid up share capital. Does this mean pwroot is going private ? or izzit something else please tell me is a good thing or a bad. please teach this noob here lol still new.
Company propose buy back is good news, jz need holding power lo...hold till now, break even, hope next month it will move above 2.00, I plan to let go d....move vli slow...
7:09PM SUNZEN Tan Kim Sing (13,682,169 units Transacted) 7:09PM SUNZEN Kok Poe Chu (6,318,569 units Transacted) 7:08PM SUNZEN S. Gunaseharan A/L P. Subramaniam (26,666 units Transacted) 7:08PM SUNZEN Teo Kim Lai (3,412,686 units Transacted) 7:08PM SUNZEN Emeritus Professor Dato' Dr. Omar @ S. Omar Bin Abdul Rahman (26,666 units Transacted) 7:08PM SUNZEN Dato¿ Dr. Mhd Nordin Bin Mohd Nor (26,666 units Transacted) 7:08PM SUNZEN Fong Chan Seng (5,478,953 units Transacted) 6:32PM SCGM TANG NAI SOON (100,000 units Disposed) 6:28PM PMETAL-WC KOON POH KONG (24,000 units Disposed) 6:27PM PMETAL Dato' (Dr.) Megat Abdul Rahman Bin Megat Ahmad (5,000 units Disposed) 6:21PM CHOOBEE Lee Sieng Tzi @ Vincent Lee (10,740 units Disposed) 6:10PM PSIPTEK DATO' FOO CHU JONG (3,500,000 units Disposed) 6:10PM PSIPTEK FOO CHU PAK (3,500,000 units Disposed) 6:02PM HOHUP Datin Chan Bee Leng (300,000 units Disposed) 5:58PM CNASIA CHARLES ROSS MCKINNON (250,500 units Transferred) 5:52PM IGB Dato' Seri Robert Tan Chung Meng (100,000 units Acquired) 5:52PM IGB Pauline Tan Suat Ming (100,000 units Acquired) 5:52PM MUHIBAH Tuan Haji Mohamed Taib Bin Ibrahim (34,000 units Acquired) 5:52PM IGB Tony Tan @ Choon Keat (100,000 units Acquired) 5:41PM IHH Ahmad Shahizam Bin Mohd Shariff (211,000 units Acquired) 5:35PM PERISAI Dato' Dr. Mohamed Ariffin Bin Hj. Aton (10,000 units Disposed) 5:32PM PWROOT See Thuan Po (200,000 units Acquired) 5:31PM PWROOT Dato' Low Chee Yen (600,000 units Acquired) 5:30PM PRTASCO Tan Sri Datuk Dr. Hadenan bin A. Jalil (80,000 units Transacted) 5:30PM PRTASCO Mohamad Farid bin Mohd Yusof (80,000 units Transacted) 5:30PM PWROOT Dato' Wong Fuei Boon (200,000 units Acquired) 5:24PM IOIPG Dato' Lee Yeow Chor (1,020,000 units Acquired) 5:24PM IOIPG Lee Yeow Seng (1,020,000 units Acquired) 5:24PM IOIPG Tan Sri Dato' Lee Shin Cheng (1,020,000 units Acquired) 5:19PM GTRONIC Ng Kweng Chong (15,000 units Acquired) 5:19PM GTRONIC Ng Kok Khuan (15,000 units Acquired) 5:19PM MPHBCAP Tan Sri Dato' Surin Upatkoon (2,408,300 units Acquired) 5:13PM INARI Ho Phon Guan (50,000 units Acquired) 5:13PM KIMLUN Sim Tian Liang (100,000 units Disposed) 5:08PM IOICORP Dato' Lee Yeow Chor (1,160,000 units Acquired) 5:08PM IOICORP Tan Sri Dato' Lee Shin Cheng (1,160,000 units Acquired) 5:08PM IOICORP Lee Yeow Seng (1,160,000 units Acquired) 12:52PM GADANG TAN SRI DATO' KOK ONN (1,054,966 units Disposed) 12:51PM GADANG TAN SRI DATO' KOK ONN (941,700 units Acquired) 12:36PM KPSCB Koh Poh Seng (65,000 units Acquired) 12:36PM ARANK Tan Wan Lay (40,000 units Disposed)
So far I noticed that the shareholders/directors r accumulating shares only at the moment to support their company which is good for the company. Trade at own risk
Jimstock, I think main directors accumulating all the shares disposed by Felda................a good support from the directors...............not the first time but most of the times. Trade at own risk
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....
arv18
2,662 posts
Posted by arv18 > 2014-03-18 17:48 | Report Abuse
support around 1.58-1.65. i might be tempted there. ideally i world like to see some price action like aug 28th last year