With 35% ownership, Kenanga Investment Bank Berhad (KLSE:KENANGA) insiders have a lot at stake

A look at the shareholders of Kenanga Investment Bank Berhad (KLSE:KENANGA) shows which group is the most powerful. The group with the largest stake in the company, about 35% to be exact, are individual insiders. In other words, the group stands to gain (or lose) the most from its investment in the company.

Therefore, every decision Kenanga Investment Bank Berhad insiders make regarding the future of the company is of great importance to them.

Let’s take a closer look at what different types of shareholders tell us about Kenanga Investment Bank Berhad.

Read the latest analysis from Kenanga Investment Bank Berhad.

Breakdown of ownership

Breakdown of ownership

What does institutional ownership tell you about Kenanga Investment Bank Berhad?

Institutional investors typically compare their returns to those of commonly followed indices. As such, they typically look to acquire large companies included in the relevant benchmark index.

As you can see, institutional investors have a sizeable stake in Kenanga Investment Bank Berhad. This may indicate that the company has some credibility in the investment community. However, caution should be exercised in relying on the validation that institutional investors assume. They get it wrong sometimes too. When two large institutional investors try to sell their shares at the same time, it’s not uncommon for the stock price to drop significantly. As such, it is worth taking a look at the historical earnings trajectory of Kenanga Investment Bank Berhad (below). Of course, keep in mind that there are other factors to consider as well.

revenue and revenue growthrevenue and revenue growth

revenue and revenue growth

Hedge funds do not have many shares in Kenanga Investment Bank Berhad. Looking at the data, we can see that the largest shareholder is Cahya Mata Sarawak Berhad with his 19% of outstanding shares. By contrast, the second and his third largest shareholder holds about 14% of the stock and his 4.8%. The second largest shareholder, Paduka Tengku Noor Binti Tengku Ismail, also happens to be the top of his key with his executive title. Additionally, it turns out that CEO Wai Chay has his 0.8% of the shares allotted to his name.

Further research revealed that seven of the top shareholders accounted for about 53% of the registry. This means that in addition to the large shareholders there are a small number of minor shareholders, which somewhat balance each other’s interests.

It makes sense to study institutional investor data for companies, but it also makes sense to study analyst sentiment to get an idea of ​​where the wind is heading. At this time, no analyst coverage of the stock has been picked up, so it’s unlikely that the company is widely held.

Insider ownership of Kenanga Investment Bank Berhad

While the precise definition of an insider can be subjective, we believe that most directors are insiders. Management finally answers to the board. However, it is not uncommon for managers to be members of the board of directors, especially for founders and CEOs.

I usually think insider ownership is a good thing. However, in some cases, it becomes more difficult for other shareholders to hold the board accountable for decision making.

Insiders appear to own a significant portion of Kenanga Investment Bank Berhad. Insiders say he owns his RM227 million worth of shares in a RM643 million company. It’s great to see an insider investing in a business. It might be worth checking to see if those insiders have made any recent purchases.

general public

The general public (consisting primarily of private investors) with 27% ownership has some influence over Kenanga Investment Bank Berhad. Ownership of this magnitude is substantial, but may not be sufficient to change company policy if decisions are out of sync with other major shareholders.

Private Company Ownership

We can see that the private company owns ​​6.0% of the outstanding shares. Private companies may be related parties. An insider may have an interest in a public company through his or her holdings in a private company rather than through his or her ability as an individual. It is difficult to draw broad conclusions, but it deserves attention as an area for further research.

public company ownership

A listed company appears to own 19% of Kenanga Investment Bank Berhad. This may be of strategic interest and the two companies may have related business interests. They may have broken up. This retention is probably worth further investigation.

Next steps:

It’s well worth considering the different groups that own companies, but there are other factors that are even more important. for example, One warning sign for Kenanga Investment Bank Berhad What you should know.

of course This may not be the best stock to buy. Now take a look at this freedom freedom A list of interesting companies.

Note: The numbers in this article are calculated using the last 12 months of data. This refers to his 12-month period ending on the last day of the month in which the financial statements are dated. This may not match the annual report figures for the full year.

Do you have feedback on this article? What interests you? contact directly with us. Or send an email to our editorial team (at) Simplywallst.com.

This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price sensitive company announcements or qualitative materials. Is not …

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