Shares & Derivatives
Insider buying in APTT and Lu Fang Ming.
By A Singaporean Stockmarket Investor (ASSI)  •  August 5, 2019
This blog is in reply to a comment from a reader regarding insider buying in APTT: HERE. There is usually only one reason why insiders would increase their stakes especially if they should do so in a big way. After all, no matter how rich we become, rationally, we don't want to lose money. Personally, I believe that APTT is undervalued. Otherwise, I would not have bought more as Mr. Market went into a depression. See: Gobbling APTT. and 4Q 2018 and APTT. It is good that insiders of APTT seem to think the same way. This is only about 2 years old. When Mr. Market was more optimistic about APTT, some thought that the target price should be 64 cents. Pretty mind boggling. APTT's business really hasn't changed much. The big change is that APTT no longer has leveraged income distributions for its investors. That was what caused its...
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By A Singaporean Stockmarket Investor (ASSI)
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