Looking at the 21 million married deal done on Jan 15th this year, it only makes me wonder why the Yanlord CEO would do this. From the chart wise, the stock is at the bottom and I think internally there could be some news circulating. There is one trader cited that Capitaland may take a bid over Yanlord while other rumour was Yanlord was going to be delisted soon. Looking at the insider trades, it was indeed done by the CEO Zhong Sheng Jian.
Due to the market condition, the price is currently being depressed further, however it's definitely a stock to watch out for when the news is more firmed. If you want to know more on how to spot the turn point before the actual news release, come for our LIVE Trading session this Friday.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
