Challenger Technologies
25-02-2015, 10:08 PM
(25-02-2015, 09:55 PM)memphisb Wrote: Insider purchase Loo's daughter. She has already started the purchased since 16 Feb, before CNY. It seems the accumulation will continue for a while. (vested)
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
25-02-2015, 10:42 PM
(25-02-2015, 10:08 PM)CityFarmer Wrote:(25-02-2015, 09:55 PM)memphisb Wrote: Insider purchase Loo's daughter. Date.....Total Shares Traded....... Share Purchased by Ms Loo...... % of daily trade 17/2.....498k.............................413k..................................... 83% 18/2.....72.5k............................69.5k.....................................95.8% 23/2.....385k.............................360.8k...................................93.7% 24/2.....263k.............................156.3k...................................59.4% Can't find info on her trade on 16/2. The share price moved from 44c to 51.5c over these 4 days. Wondering why she is buying so aggressively and pushing up the share price.
I have nothing else to say.
26-02-2015, 09:09 AM
(25-02-2015, 10:42 PM)NTL Wrote:(25-02-2015, 10:08 PM)CityFarmer Wrote:(25-02-2015, 09:55 PM)memphisb Wrote: Insider purchase Loo's daughter. I may miss a day in the reference.  The accumulation occurred after the end-year report. It is a very positive sign, amid the transition period, IMO
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
26-02-2015, 09:24 AM
Alamak, I hesitated getting in when it was at 43 cents recently; now too late leow! Have to wait for next opportunity if price dips again.
26-02-2015, 11:51 AM
(26-02-2015, 09:09 AM)CityFarmer Wrote:(25-02-2015, 10:42 PM)NTL Wrote:(25-02-2015, 10:08 PM)CityFarmer Wrote:(25-02-2015, 09:55 PM)memphisb Wrote: Insider purchase Loo's daughter. To me, it look more like she is supporting the share price, spending hundred of thousands on it. Will the share price at this level sustain if her "support" is removed? Maybe I am just a little skeptical about her actions...
I have nothing else to say.
26-02-2015, 04:41 PM
(26-02-2015, 11:51 AM)NTL Wrote: To me, it look more like she is supporting the share price, spending hundred of thousands on it. Will the share price at this level sustain if her "support" is removed? There may be many reasons to sell, but there is only reason to buy, right?  She is an insider, and directly involve in the company biz. She started to buy immediately after the end-year report. All of these, telling me a vote of confidence. I understand your point. I have more interest on her buying price level, than the price level after her "support" (vested)
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
(26-02-2015, 04:41 PM)CityFarmer Wrote:(26-02-2015, 11:51 AM)NTL Wrote: To me, it look more like she is supporting the share price, spending hundred of thousands on it. Will the share price at this level sustain if her "support" is removed? Understand. I think I should be more positive. Maybe something BIG is coming to Challenger. The game changer. Thus she doing all the buys.
I have nothing else to say.
03-03-2015, 11:02 AM
Madam Ong Sock Hwee, wife of Mr. Loo, joined the buying with her daughter.
http://infopub.sgx.com/FileOpen/_2602201...eID=337041
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
03-03-2015, 09:27 PM
(03-03-2015, 11:02 AM)CityFarmer Wrote: Madam Ong Sock Hwee, wife of Mr. Loo, joined the buying with her daughter. The buying from Madam continue. The latest update of Madam's stake as of today is Share: 33,471,950 share Stake: 9.696% http://infopub.sgx.com/FileOpen/_0203201...eID=337271
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
12-05-2015, 08:14 PM
Challengers Technologies’ 1Q earnings grow to $3.8 million despite lower revenue
By Gho Chee Yuan / theedgemarkets.com | May 12, 2015 : 8:09 PM MYT Share on facebook Share on twitter Printer-friendly versionSend by emailPDF version SINGAPORE (May 12): Challenger Technologies, the retailer of IT products, saw earnings for the first quarter ended March 31, 2015 (1QFY15) grow 11.8% to $3.8 million as compared to $3.4 million last year. According to its filing with SGX today, Challenger said the better earnings was due to exchange gains from revaluation of foreign currency balances and higher other income that rose from the government wage credit scheme. Apart from that, lower operating expenses due to the closure of Malaysia's retail business in the second half of FY2014 also boost its earnings. "The above were offset by weaker group gross profit that resulted from lower retail sales, with gross margin dropping slightly by 1%," Challenger added. Revenue for the quarter fell 2% to $83.8 million due to loss of revenue resulted from the cessation of Malaysia retail operations in the second half of FY2014. "This was partially offset by higher revenue from corporate sales and tradeshows in Singapore," it added. To date, the group has a total of 44 stores comprising one flagship Challenger megastore, 21 Challenger superstores and 22 small format stores in Singapore. Challengers' Chief Executive Loo Leong Thye said he remained optimistic in the Singapore retail scene and said the group will open another four new stores in the second and third quarters. "These locations will serve our growing member base more conveniently," he added. Challengers closed 1.96% lower at 50 cents. giving it a market capitalisation of $176.1 million. |
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