We'd be surprised if Forise International Limited (SGX:8A1) shareholders haven't noticed that an insider, E-Ming Ng, recently sold S$658k worth of stock at S$0.14 per share. In particular, we note that the sale equated to a 100% reduction in their position size, which doesn't exactly instill confidence.
View our latest analysis for Forise International
The Last 12 Months Of Insider Transactions At Forise International
The Executive Director Peng Weile Leo made the biggest insider purchase in the last 12 months. That single transaction was for S$1.6m worth of shares at a price of S$0.13 each. That means that even when the share price was higher than S$0.12 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Peng Weile Leo was the only individual insider to buy shares in the last twelve months.
Over the last year we saw more insider selling of Forise International shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
SGX:8A1 Insider Trading Volume September 23rd 2022
I will like Forise International better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Does Forise International Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Forise International insiders own 57% of the company, currently worth about S$2.9m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Does This Data Suggest About Forise International Insiders?
An insider hasn't bought Forise International stock in the last three months, but there was some selling. Zooming out, the longer term picture doesn't give us much comfort. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Be aware that Forise International is showing 5 warning signs in our investment analysis, and 3 of those are a bit unpleasant...
Of course Forise International may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
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.
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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.
我們會很驚訝的如果福瑞斯國際有限公司新加坡證券交易所(SGX:8A1)股東沒有注意到,內部人士吳鄂明最近以每股0.14新元的價格出售了價值65.8億新元的股票。特別是,我們注意到,出售等同於將頭寸規模削減100%,這並不能完全增強信心。
查看我們對Forise International的最新分析
Forise International最近12個月的內幕交易
董事高管彭偉樂在過去12個月裏進行了最大規模的內部收購。這一筆交易是以每股0.13新元的價格購入價值160萬新元的股票。這意味着,即使股價高於0.12新元(最近的價格),也有內部人士想要購買股票。自那以後,他們的觀點可能發生了變化,但至少這表明他們當時感到樂觀。對我們來説,考慮內部人士為股票支付的價格非常重要。一般來説,當內部人士以高於當前價格的價格買入股票時,我們對股票的看法更積極,因為這表明他們認為股票很有價值,即使價格更高。彭偉樂是過去12個月裏唯一一位買入股票的個人內部人士。
過去一年,我們看到Forise International股票的內幕拋售多於買入。你可以在下面看到過去12個月(由公司和個人)進行的內幕交易的直觀描述。如果你點擊圖表,你可以看到所有的個人交易,包括股票價格、個人和日期!
新加坡證券交易所:8A1內幕交易量2022年9月23日
如果我看到一些大的內部收購,我會更喜歡Forise International。在我們等待的時候,看看這個免費最近有大量內幕收購的成長型公司名單。
Forise International是否擁有高度的內部人持股?
許多投資者喜歡查看一家公司有多少股份是由內部人士持有的。我們通常希望看到相當高水平的內部人士持股。Forise International內部人士持有該公司57%的股份,根據最近的股價計算,目前價值約為290萬新元。大多數股東將樂於看到這種內部人持股,因為這表明管理層的激勵與其他股東很好地結合在一起。
那麼,這些數據對Forise International的內部人士有什麼啟示呢?
一位內部人士在過去三個月裏沒有買入Forise International的股票,但出現了一些拋售。縮小來看,較長期的圖景並不會給我們帶來太多安慰。雖然內部人士確實持有該公司的大量股份(這很好),但我們對他們交易的分析並不能讓我們對該公司充滿信心。雖然我們喜歡知道內部人士的所有權和交易情況,但在做出任何投資決定之前,我們也要確保考慮到一隻股票面臨的風險。請注意,Forise International正在展示我們的投資分析中的5個警告信號,其中三個有點令人不快...
當然了Forise International可能不是最值得買入的股票。所以你可能想看看這個免費彙集了高質量的公司。
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。