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MD & Executive Director Yee Lim Ang Just Bought A Handful Of Shares In ABR Holdings Limited (SGX:533)

Simply Wall St ·  Dec 17, 2022 19:15

Potential ABR Holdings Limited (SGX:533) shareholders may wish to note that the MD & Executive Director, Yee Lim Ang, recently bought S$144k worth of stock, paying S$0.45 for each share. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.

See our latest analysis for ABR Holdings

ABR Holdings Insider Transactions Over The Last Year

Notably, that recent purchase by Yee Lim Ang is the biggest insider purchase of ABR Holdings shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of S$0.45. 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. 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. Yee Lim Ang was the only individual insider to buy during the last year.

Yee Lim Ang bought 741.60k shares over the last 12 months at an average price of S$0.46. 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!

insider-trading-volumeSGX:533 Insider Trading Volume December 18th 2022

ABR Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does ABR Holdings Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. ABR Holdings insiders own about S$53m worth of shares (which is 58% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At ABR Holdings Tell Us?

It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about ABR Holdings. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing ABR Holdings. Case in point: We've spotted 5 warning signs for ABR Holdings you should be aware of, and 2 of them are potentially serious.

But note: ABR Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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