Lai Kuen Chiu Is The CFO & Executive Director of Bonjour Holdings Limited (HKG:653) And Just Spent HK$169k On Shares

Whilst it may not be a huge deal, we thought it was good to see that the Bonjour Holdings Limited (HKG:653) CFO & Executive Director, Lai Kuen Chiu, recently bought HK$169k worth of stock, for HK$0.17 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

See our latest analysis for Bonjour Holdings

The Last 12 Months Of Insider Transactions At Bonjour Holdings

In the last twelve months, the biggest single purchase by an insider was when Executive Chairman of the Board Jianwen Chen bought HK$5.0m worth of shares at a price of HK$0.25 per share. That means that an insider was happy to buy shares at above the current price of HK$0.16. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

Over the last year, we can see that insiders have bought 21.30m shares worth HK$5.2m. On the other hand they divested 27.36m shares, for HK$7.1m. Pui Wan Chung ditched 27.36m shares over the year. The average price per share was HK$0.26. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Bonjour Holdings insiders own 65% of the company, worth about HK$372m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Bonjour Holdings Insider Transactions Indicate?

It is good to see recent purchasing. On the other hand the transaction history, over the last year, isn't so positive. The recent buying by some insiders , along with high insider ownership, suggest that Bonjour Holdings insiders are fairly aligned, and optimistic. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bonjour Holdings. Every company has risks, and we've spotted 4 warning signs for Bonjour Holdings (of which 1 is concerning!) you should know about.

But note: Bonjour Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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