Insider Trading : LIONIND

Wednesday, 16 Dec 2009
7:22PM LIONIND TAN SRI CHENG YONG KIM (1,413,991 Shares Acquired)

7:22PM LIONIND TAN SRI CHENG YONG KIM (1,413,991 Shares Acquired)
7:22PM LIONIND TAN SRI CHENG HENG JEM (1,413,991 Shares Acquired)
7:20PM LIONIND Dealings in Securities by a Principal Officer Outside Closed Period

Our Comment:-
- Tan Sri Cheng Yong Kim is the boss of LION Group. He will know well about LIONIND in term of business valuation & earning. His action is most probably very good because i don't think he will use big amount of cash to speculate the his own company's stock. In fact, i think he start see the orders from customers. Business is picking up.
 
 
Special Situation Blog : Mid Term Buy on LIONIND.
Target Price               : RM2.00