Monday, October 17, 2011

Hock Lian Seng: Insider buying.

There has been quite a bit of insider buying going on in Hock Lian Seng as its share price plunged in recent weeks to hit a new low of 23.5c. I know Hock Lian Seng to have a rather robust business although it is in a cyclical industry. So, I decided to take a look at its numbers.

Revenue for 1H 2011 reduced 32.3% compared to 1H 2010 due to the completion of  Marina Bay Station project. Other