When institutional funds invest in a company, it's a very good sign..... because it means they have done a lot of homework and they hold for the long term.
Most likely Kenanga would have known Revenue future plans and current business performance.
They take the position now at a low entry price before they move to mainboard next year. So Revenue management definitely has plan it out the corporate strategy now before moving to mainboard.
..... probably they will buy up to 10% of the company..... that's the usual case...... major shareholder sells them 5 %, and they acquire another 5 % from the market.... that's normally the deal.
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....
817065
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Posted by 817065 > 2019-06-24 08:17 | Report Abuse
When institutional funds invest in a company, it's a very good sign..... because it means they have done a lot of homework and they hold for the long term.