Hi Joseph, like your recommendation on Federal, I too followed and bought Sunningdale and it was another great day of realisation of your good foresight. Thanks again Joseph !
Glad you bought some n thanks for the compliment. Appreciated.
Value Investor wrote:
Hi Joseph, like your recommendation on Federal, I too followed and bought Sunningdale and it was another great day of realisation of your good foresight. Thanks again Joseph !
It is more than compliments Joseph....I thank you for your diligence in coming up with such a detailed analysis which I found lacking in many forums.
It must have cost you many hours of sleep in order to read and analyse financial reports before you came up with such factually supported recommendations ! Well done my friend and once again, thank you for your generosity too ! Have a nice weekend )
This is the 2nd time Executive Director Wong Chi Hung has sold his share in the open market. The first was on 22nd july 2013 when he disposed off 173,000 shares at 12.5 cts per share. The 2nd disposal was on 16 Jan 2014 where he sold off 250,000 at 17.3 cts per share.
I am not deterred by this sales of share as he is the only director selling and the quantity involved is too small. My more immediate concerns are whether the recent initiatives undertaken by the company are producing the desired results. We will know about that when the company reports it's full year result next month.