Insider Buys Additional CN¥4.7m In Powerlong Real Estate Holdings Stock

Simply Wall St.10-16

Powerlong Real Estate Holdings Limited (HKG:1238) shareholders (or potential shareholders) will be happy to see that the Executive Chairman of the Board, Kin Hong Hoi, recently bought a whopping HK$...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2475645403?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/9612015-choice2-main-header/1585186667158","is_english":true,"pubTime":"2024-10-16 06:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2475645403","market":"us","top_or_hot":-1,"title":"Insider Buys Additional CN¥4.7m In Powerlong Real Estate Holdings Stock","media":"Simply Wall St.","content":"<div>\n<p>Powerlong Real Estate Holdings Limited (HKG:1238) shareholders (or potential shareholders) will be happy to see that the Executive Chairman of the Board, Kin Hong Hoi, recently bought a whopping HK$...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-1238/powerlong-real-estate-holdings-shares/news/insider-buys-additional-cn47m-in-powerlong-real-estate-holdi\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Insider Buys Additional CN¥4.7m In Powerlong Real Estate Holdings Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInsider Buys Additional CN¥4.7m In Powerlong Real Estate Holdings Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-16 06:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-1238/powerlong-real-estate-holdings-shares/news/insider-buys-additional-cn47m-in-powerlong-real-estate-holdi><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Powerlong Real Estate Holdings Limited (HKG:1238) shareholders (or potential shareholders) will be happy to see that the Executive Chairman of the Board, Kin Hong Hoi, recently bought a whopping HK$...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-1238/powerlong-real-estate-holdings-shares/news/insider-buys-additional-cn47m-in-powerlong-real-estate-holdi\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01238","symbol_name":"宝龙地产","start_time":0,"source_url":"https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-1238/powerlong-real-estate-holdings-shares/news/insider-buys-additional-cn47m-in-powerlong-real-estate-holdi","article_id":"2475645403","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/9612015-choice2-main-header/1585186667158"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2475645403","pubTimestamp":1729030922,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Powerlong Real Estate Holdings Limited ( HKG:1238 ) shareholders (or potential shareholders) will be happy to see that...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"01238":"宝龙地产","CN":"Xtrackers MSCI All China Equity ETF","BK1240":"房地产开发","CFA.SI":"NikkoAM-STC Asia REIT","BK1555":"内房股"},"translate_title":"内部人士额外购买470万元人民币宝龙地产控股股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01238":1,"CFA.SI":1,"CN":1},"content_text":"Powerlong Real Estate Holdings Limited (HKG:1238) shareholders (or potential shareholders) will be happy to see that the Executive Chairman of the Board, Kin Hong Hoi, recently bought a whopping HK$4.7m worth of stock, at a price of HK$0.67.    There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 0.4%.      View our latest analysis for Powerlong Real Estate Holdings  Powerlong Real Estate Holdings Insider Transactions Over The Last Year   In fact, the recent purchase by Kin Hong Hoi was the biggest purchase of Powerlong Real Estate Holdings shares made by an insider individual in the last twelve months, according to our records.     That means that an insider was happy to buy shares at above the current price of HK$0.59.  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.   Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.  Kin Hong Hoi was the only individual insider to buy during the last year.     Notably Kin Hong Hoi was also the biggest seller.     Kin Hong Hoi bought 15.31m shares over the last 12 months at an average price of HK$0.53.   You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below.  If you want to know exactly who sold, for how much, and when, simply click on the graph below! SEHK:1238 Insider Trading Volume October 15th 2024 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.   Insider Ownership Of Powerlong Real Estate Holdings  Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders.  A high insider ownership often makes company leadership more mindful of shareholder interests.   Powerlong Real Estate Holdings insiders own about HK$1.6b worth of shares (which is 66% of the company).  I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.   So What Do The Powerlong Real Estate Holdings Insider Transactions Indicate?  It is good to see the recent insider purchase.    We also take confidence from the longer term picture of insider transactions.   But we don't feel the same about the fact the company is making losses.     Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Powerlong Real Estate Holdings.  Looks promising!      So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company.    Be aware that Powerlong Real Estate Holdings is showing 4 warning signs in our investment analysis, and 3 of those shouldn't be ignored...    Of course Powerlong Real Estate Holdings 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 of direct interests only, but not derivative transactions or indirect interests.New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave 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.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2475645403"}