Insider Buying: Wilmar International Co-Founder Bought US$3.8m Of Shares [Yahoo! Finance]
WILMAR INTL LTD UNSP/ADR (WLMIY)
NASDAQ:AMEX Investor Relations:
ir-media.wilmar-international.com
Company Research
Source: Yahoo! Finance
that the Co-Founder, Khoon Hong Kuok, recently bought a whopping S$3.8m worth of stock, at a price of S$2.82. 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 0.1%. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The Last 12 Months Of Insider Transactions At Wilmar International Notably, that recent purchase by Khoon Hong Kuok is the biggest insider purchase of Wilmar International shares that we've seen in the last year. That implies that an insider found the current price of S$2.87 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider purchases were made at close
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