Dongyue Group Limited (HKG:189) up 7.9%, but insiders miss out having sold stock earlier this year
Dongyue Group Limited (HKG:189) up 7.9%, but insiders miss out having sold stock earlier this year
While $DONGYUE GROUP(00189.HK)$ shareholders have enjoyed a good week with stock up 7.9%, they need remain vigilant. In spite of the relatively cheap prices, insiders made the decision to sell CN¥3.7m worth of stock in the last 12 months. This could be a warning indicator of vulnerabilities in the future.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Dongyue Group
Dongyue Group Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the Executive Director, Jian Zhang, sold HK$3.7m worth of shares at a price of HK$9.20 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of HK$9.46. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single sale was 100% of Jian Zhang's holding. Jian Zhang was the only individual insider to sell over the last year.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
SEHK:189 Insider Trading Volume May 17th 2022
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership of Dongyue Group
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Dongyue Group insiders own 16% of the company, worth about HK$3.3b. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
So What Does This Data Suggest About Dongyue Group Insiders?
There haven't been any insider transactions in the last three months -- that doesn't mean much. While we feel good about high insider ownership of Dongyue Group, we can't say the same about the selling of shares. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For instance, we've identified 3 warning signs for Dongyue Group (1 can't be ignored) you should be aware of.
But note: Dongyue Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
而當$東嶽集團(00189.HK)$股東們本週表現不錯,股價上漲了7.9%,他們需要保持警惕。儘管價格相對便宜,但內部人士還是決定在過去12個月裏出售價值370萬元的新元股票。這可能是未來漏洞的警告指標。
儘管就長期投資而言,內幕交易並不是最重要的事情,但從邏輯上講,你應該關注內部人士是在買入還是賣出股票。
查看我們對東嶽集團的最新分析
東嶽集團過去一年的內部交易
在過去12個月裏,內部人士出售的最大單筆股份是董事高管張健以每股9.2港元的價格出售了價值370萬港元的股票。因此,很明顯,一位內部人士希望從談判桌上拿出一些現金,甚至低於目前9.46港元的價格。當內部人士以低於當前價格的價格出售股票時,這表明他們認為較低的價格是公平的。這讓我們想知道他們對最近(較高的)估值有何看法。然而,儘管內幕銷售有時令人沮喪,但這只是一個微弱的信號。我們注意到,最大的單筆出售是張健持有的100%股份。張健是過去一年裏唯一出售股票的個人內部人士。
你可以看到過去一年的內幕交易(由公司和個人),如下圖所示。如果你想知道到底是誰賣了,賣了多少錢,什麼時候賣的,只需點擊下面的圖表!
聯交所:2022年5月17日內幕交易量189
對於那些想要找到贏得投資這免費最近有內幕收購的不斷增長的公司名單可能就是合適的選擇。
東嶽集團的內部人所有權
對於一個普通股股東來説,公司內部人士持有多少股份值得一查。我認為,如果內部人士持有該公司大量股份,這是一個好兆頭。很高興看到東嶽集團內部人士持有該公司16%的股份,價值約33億港元。這種由內部人士持有的重大所有權通常確實增加了公司以所有股東的利益運營的機會。
那麼,這些數據對東嶽集團內部人士有什麼啟示呢?
過去三個月沒有發生任何內幕交易--這並不意味着什麼。雖然我們對東嶽集團的高內部人持股感到滿意,但我們不能對出售股份的行為説同樣的話。因此,這些內幕交易可以幫助我們建立一個關於股票的論文,但瞭解這家公司面臨的風險也是值得的。例如,我們已經確定東嶽集團的3個警示標誌(1不能被忽視)你應該知道。
但請注意:東嶽集團可能不是最值得買入的股票。所以讓我們來看看這個免費高淨資產收益率和低負債的有趣公司名單。
就本文而言,內部人是指向相關監管機構報告其交易的個人。我們目前負責公開市場交易和私人處置,但不包括衍生品交易。
對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫。或者,也可以給編輯組發電子郵件,地址是implywallst.com。
本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。
譯文內容由第三人軟體翻譯。
風險及免責聲明
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用瀏覽器的分享功能,分享給你的好友吧