PNE Industries

[Jack EL]

I think big movement will begin next week after the completion of sale by Hummer Investments Limited. Majority of the Tans have ceased to be substantial shareholder, if they dump the shares on open market they need not declare. So if the price drop next week, we know that the Tans are dumping and we should too. If the price jump then we know they are caring directors that take care of other shareholders, we probably should hold longer. Otherwise, the 2 catalysts to price movement would be the disposal of PCB shares and full year result which good dividend or special dividend may be declared.
If you think the Tans are good people, you may want to pick up some shares today. But this is purely gambling and you should only take small position especially liquidity is an issue for this counter. IMHO...