Shares & Derivatives
WILL THIS ULTRA-PENNY STOCK BE A MULTI-BAGGER OR PRIVATISED NEXT?
By Singapore Stocks Investing (SSI)  •  July 30, 2017
Dear readers, on 26 July 2017, the CEO of ACCRELIST bought 5,772,100 of his company’s shares. As I have earlier shared in this blog, Mr Terence Tea, CEO of Accrelist has been regularly buying his company’s own stocks. After the most recent above transaction, Mr Tea has now a 21.36% interest in his own company’s stocks. I like the fact that a CEO buys the shares of his company and if it is regular buying, it is even better. When a CEO buys the shares of his own company, the thinking is generally that the CEO is bullish about his own company such that he is willing to increase his personal stake of shareholdings in it. Along with the fact that who knows better than the state of the company than the CEO himself; when a CEO buys a stock regularly, I believe it is of much interest to ......
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By Singapore Stocks Investing (SSI)
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