View Full Version: Zhonghui Holdings - Small public floatation

ChartistsUnited > Stock Talk > Zhonghui Holdings - Small public floatation



Title: Zhonghui Holdings - Small public floatation
Description: Top20 Shareholders held >94% as of Mar05


Lion - November 12, 2005 07:16 AM (GMT)
As of 2005-03-09
Total Outstanding - 290.32mil (100%)
Top 20 Shareholders - 273.36mil (94.17%)
Small Shareholders - 16.96mil (5.83%) {estimate...}

So, to my simple interpretation, the small shareholders were assumed the public small investors ? I hope there isn't mistake in my simple calculation.

Daiwa - $0.51 (2005-11-04)

7x broking firm holding a total of >8%
5x Nominees holding a total of >7%
See Hoy Chan Equities holding >9%
{wow! :o so many institutional investors held this stock...}

With such a small public floatation, no drastic changes in company's fundamentals (in fact Zhonghui has been releasing promising results each quarter since IPO), isn't it a pc of cake to move the price up? Just curious... :rolleyes:

To be continued...

ssgtrader - March 21, 2006 02:12 PM (GMT)
Lion, I agree that this is a gem to be discover. It is especially interetsing since it is near historical low




Hosted for free by InvisionFree