Chin-Siau Ng Is The Founder of Q & M Dental Group (Singapore) Limited (SGX:QC7) And They Just Sold 100% Of Their Shares

We wouldn't blame Q & M Dental Group (Singapore) Limited (SGX:QC7) shareholders if they were a little worried about the fact that Chin-Siau Ng, the Founder recently netted about S$6.9m selling shares at an average price of S$0.61. Probably the most concerning element of the whole transaction is that the disposal amounted to 100% of their entire holding.

See our latest analysis for Q & M Dental Group (Singapore)

Q & M Dental Group (Singapore) Insider Transactions Over The Last Year

In fact, the recent sale by Chin-Siau Ng was the biggest sale of Q & M Dental Group (Singapore) shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of S$0.59. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

The chart below shows insider transactions (by companies and individuals) over the last year. 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

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Q & M Dental Group (Singapore) insiders own about S$72m worth of shares. That equates to 15% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Q & M Dental Group (Singapore) Insiders?

An insider sold Q & M Dental Group (Singapore) shares recently, but they didn't buy any. Despite some insider buying, the longer term picture doesn't make us feel much more positive. On the plus side, Q & M Dental Group (Singapore) makes money, and is growing profits. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Q & M Dental Group (Singapore). To help with this, we've discovered 5 warning signs (1 shouldn't be ignored!) that you ought to be aware of before buying any shares in Q & M Dental Group (Singapore).

But note: Q & M Dental Group (Singapore) 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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