$Soup Holdings(5KI.SI)$ Something Interesting I saw base of SGX filling by Soup. In the month of July, 2 key appointment holders stepped down. Mr Then resigned due to personal reasons. On 11/8, Soup reported 1H loses of $670k. Few days later In Aug, Mr Then off loaded a substantial amount of Soup holdings shares, only to be happily snapped up by James. His ambition is to mount a takeover of soup. James is so happy becos he managed to off load 1.2 million shares at 6.2 cents and buying back Mr Then's shares at less than 4 cents, 2 million shares🤭 In the process, he gained by "short selling". This is the start of his downfall. Inner cycle off loading and he sapu everything cos it's "cheap"😆 <--- Investors buy shares becos of P&L of a company. Soup losing money for 2 years and reported loses 1H26😆 DBS costing over $70ish but ppl are still buying.
Fools and his money will soon part. Song Bo James. It's Only a matter of time inner circle start off loading again. Standby your money at 1 cents to take over them 👌😆😆😆
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