Notable Trade Wintoni sees 4.8% stake traded off-market
Page 1 of 1
Notable Trade Wintoni sees 4.8% stake traded off-market
Notable Trade
Wintoni sees 4.8% stake traded off-market
By Chester Tay / TheEdge | February 10, 2015 : 7:36 PM MYT
KUALA LUMPUR (Feb 10): Information technology business solution provider [size=14]Wintoni Group Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) today saw some 24.8 million shares, or 4.83% equity stake crossed off-market.
According to Bloomberg data, the chunk of shares in Wintoni (fundamental: 1.95; valuation: 0.9) were transacted at eight sen per share, or RM1.98 million in total.
The shares are traded prior to noon market break, when the share was priced at 8.5 sen apiece, indicating a 5.8% discount over market price.
However, parties involved in the transaction are not known at the press time.
Wintoni was among the top 30 most active stock on Bursa Malaysia today, it closed at 8.5 sen, up half sen or 6.25%, with 22.4 million shares traded, valuing it at RM43.61 million.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
[/size]
Wintoni sees 4.8% stake traded off-market
By Chester Tay / TheEdge | February 10, 2015 : 7:36 PM MYT
KUALA LUMPUR (Feb 10): Information technology business solution provider [size=14]Wintoni Group Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) today saw some 24.8 million shares, or 4.83% equity stake crossed off-market.
According to Bloomberg data, the chunk of shares in Wintoni (fundamental: 1.95; valuation: 0.9) were transacted at eight sen per share, or RM1.98 million in total.
The shares are traded prior to noon market break, when the share was priced at 8.5 sen apiece, indicating a 5.8% discount over market price.
However, parties involved in the transaction are not known at the press time.
Wintoni was among the top 30 most active stock on Bursa Malaysia today, it closed at 8.5 sen, up half sen or 6.25%, with 22.4 million shares traded, valuing it at RM43.61 million.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
[/size]
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics
» Notable Trade Takaso sees 9.77% stake traded off-market for RM7.6m
» Notable Trade KBES sees 17.79% stake traded off-market
» Notable Trade Nylex sees 6.24% stake traded off-market
» Notable Trade O&C Resources sees 4.7% stake traded off market
» Notable Trade Versatile Creative sees 6% stake traded off market
» Notable Trade KBES sees 17.79% stake traded off-market
» Notable Trade Nylex sees 6.24% stake traded off-market
» Notable Trade O&C Resources sees 4.7% stake traded off market
» Notable Trade Versatile Creative sees 6% stake traded off market
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum