Unclebin
2023-02-12

[Strong] 

@MrzorroWilmar International Limited (SGX:F34) Insider Upped Their Stake by 0.5% in the Previous Year Viewing insider transactions for $WILMAR INTERNATIONAL LIMITED(F34.SI)$ over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold. In the last twelve months, the biggest single purchase by an insider was when Co-Founder Khoon Hong Kuok bought S$8.8m worth of shares at a price of S$4.10 per share. That means that an insider was happy to buy shares at above the current price of S$3.96. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. The only individual insider to buy over the last year was Khoon Hong Kuok. Khoon Hong Kuok purchased 5.69m shares over the year. The average price per share was S$4.01. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction! Over the last three months, we've seen significantly more insider buying, than insider selling, at Wilmar International. We can see that Co-Founder Khoon Hong Kuok paid S$11m for shares in the company. But insiders only sold shares worth S$2.5m. We think insiders may be optimistic about the future, since insiders have been net buyers of shares. For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Wilmar International insiders own 6.5% of the company, worth about S$1.6b. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Wilmar International insiders are well aligned, and quite possibly think the share price is too low. That's what I like to see! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, pls take your own consideration before any investment.. @TigerStars @Daily_Discussion @CaptainTiger
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