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Latest info on chairman's buying :
30 Oct 2018 : 1,991,371,152
24 Oct 2018 : 1,984,902,652
11 Sep 2018 : 1,979,555,652
14 Jun 2018 : 1,962,655,652
13 Jun 2018 : 1,962,355,652 ( ex div date ).
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anyone buying after the recent drop?
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The KWG shares are now down about 50% from the previous high but like the rest of the China Market shares, the company is suffering from lack of investor buying confidence.
The China Market investors are sitting in the Singapore dim sum restaurants and saving their bullets for another day.
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Thank you, Bmann025
Reducing target price from $9.50 to $6.50 has given me the wake up call as the share price is standing near to target price..
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Deutsche Bank also liked quality Chinese developers, especially medium-cap ones in tier 1 and 2 cities, for example SUNAC (01918.HK) -0.850 (-3.380%) Short selling $125.73M; Ratio 28.528% , KWG GROUP (01813.HK) -0.130 (-1.988%) Short selling $7.51M; Ratio 23.166% and LOGAN PPT (03380.HK) -0.170 (-1.927%) Short selling $28.31M; Ratio 57.124% .
(Quote is delayed for at least 15 mins.Short Selling Data as at 2018-11-23 16:25.)
Posted on aastocks website 23 Nov 2018.
KWG ( 01813.HK) closed on 23 Nov 2018 at $6.41 Target $11.30
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KWG closed at $7.70 on 4 Feb 2019. Citibank rating ( aastocks website on 11 Jan 2019 ) placed a BUY rating and target price of $17.6 .
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29-08-2019, 07:40 AM
(This post was last modified: 29-08-2019, 07:59 AM by pencilin.)
Is the founder having good relationship with current Chinese government?
WanDa and Lee ka shing got seriously kicked in the ass, due to change from Jiang Zemin gang to Xi Jinping gang.
So if KWG is friendly to Xi, it looks like a good deal.