Horizon Construction Development Insiders Placed Bullish Bets Worth CN¥6.03m
Horizon Construction Development Insiders Placed Bullish Bets Worth CN¥6.03m
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Horizon Construction Development Limited (HKG:9930), that sends out a positive message to the company's shareholders.
通常當一個內部人購買股票時，這可能不是一個重大事件。但當多個內部人像Horizon建築發展有限公司（HKG: 9930）的情況一樣購買股票時，這向公司的股東發出了積極的信號。
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
雖然我們永遠不會建議投資者僅基於公司董事已經做出的決策而做出決策，但同時我們認爲完全忽略內部交易是愚蠢的。
The Last 12 Months Of Insider Transactions At Horizon Construction Development
在過去的一年中，我們可以看到最大的內部人購買是由非執行董事和志明購買了價值120萬港元的股票，每股約1.91港元。這意味着內部人願意以高於目前1.70港元的價格購買股票。他們很可能會爲這次購買感到後悔，但更可能的是他們看好該公司。在我們看來，內部人購買股票的價格非常重要。如果他們支付的價格高於當前價格，則通常更令人鼓舞，因爲這表明他們即使在較高水平上也看到了價值。
Over the last year, we can see that the biggest insider purchase was by Non-Executive Director Ziming He for HK$1.2m worth of shares, at about HK$1.91 per share. That means that an insider was happy to buy shares at above the current price of HK$1.70. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
Horizon建築發展內部人可能在過去一年中購買了股票，但他們沒有出售任何股票。您可以在下面看到內部人交易（由公司和個人）在過去的12個月內的可視化描繪。點擊下面的圖表，您可以查看每個內部人交易的詳細信息！
Horizon Construction Development insiders may have bought shares in the last year, but they didn't sell any. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
Horizon建築發展股東在過去一年中可能購買了股票，但他們沒有出售任何股票。您可以在下面看到內部人交易（由公司和個人）在過去的12個月內的可視化描繪。點擊下面的圖表，您可以查看每個內部人交易的詳細信息！
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.
還有很多其他的公司，公司的內部人士正在購買股票。你可能不想錯過這個免費的小市值公司的低估列表。
Insiders At Horizon Construction Development Have Bought Stock Recently
Horizon建築發展的內部人最近買入了股票，這是個好兆頭。非執行董事和志明花費了180萬港元購買了股票，沒有出售。在我們看來，這是一個積極的跡象，因爲它表明了一些信心。
It's good to see that Horizon Construction Development insiders have made notable investments in the company's shares. Non-Executive Director Ziming He spent HK$1.8m on stock, and there wasn't any selling. This is a positive in our book as it implies some confidence.
對於普通股東而言，值得檢查公司內部人持有的股票數量。通常情況下，內部人所有權越高，他們會更有動力爲公司長期發展而努力。從我們的數據來看，Horizon建築發展的內部人擁有公司的1.1％，價值約6000萬港元。但他們可能通過我們沒有發現的公司結構間接持有利益。雖然不是太好，但我們對這些持股並不是太滿意。
Insider Ownership
內部人員持股情況
For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From our data, it seems that Horizon Construction Development insiders own 1.1% of the company, worth about HK$60m. But they may have an indirect interest through a corporate structure that we haven't picked up on. Whilst better than nothing, we're not overly impressed by these holdings.
這些內部人交易可以幫助我們構建有關股票的論點，但同時了解面臨的風險也很有價值。最近的內部人購買令人鼓舞。我們還從內部人交易的長期圖中得到信心。考慮到內部人也擁有相當多的Horizon建築發展股份，我們認爲他們可能非常有信心擁有一個輝煌的未來。
So What Does This Data Suggest About Horizon Construction Development Insiders?
那麼這些數據對Horizon建築發展的內部人意味着什麼呢？
The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. Given that insiders also own a fair bit of Horizon Construction Development we think they are probably pretty confident of a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 1 warning sign for Horizon Construction Development you should be aware of.
最近的內部人購買很令人振奮。我們也從內部交易的長期圖像中獲得信心。鑑於內部人也擁有相當多的Horizon建築發展股份，我們認爲他們可能非常有信心擁有一個輝煌的未來。因此，這些內部人交易可以幫助我們構建有關股票的論點，但了解面臨的風險也很有價值。例如：我們發現了一個對Horizon建築發展的警告信號，您應該注意。
But note: Horizon Construction Development 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.
但請注意：Horizon建築發展可能不是最好的股票選擇。因此，請查看此免費列表，其中包括具有高roe和低債務的有趣公司。
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 of direct interests only, but not derivative transactions or indirect interests.
對於本文而言，內部人是指向相關監管機構報告其交易的個人。我們目前僅考慮公開市場交易和直接利益的私人處置，但不包括衍生交易或間接利益。
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.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。