Palma Serasih Tbk PT
IDX:PSGO
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Banco Santander Brasil SA
BOVESPA:SANB3
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Palma Serasih Tbk PT
Glance View
PT Palma Serasih Tbk.engages in the production of crude palm oils. The company is headquartered in Jakarta Selatan, Dki Jakarta and currently employs 2,826 full-time employees. The company went IPO on 2019-11-25. The Company, through its subsidiaries, is engaged in palm oil plantation and processing industry. The firm manages around 35,000 hectares of planted area with integrated and sustainable plantation management. The firm owns a palm oil mill with fresh fruit bunches (FFB) processing capacity of 60 tons/hour and 90 tons/ hour, which produces crude palm oil (CPO) and palm kernel (PK). The company operates primarily in Jakarta and Kalimantan Timur, East Kalimantan. Its subsidiaries include PT Anugerah Energitama, PT Nusaraya Agro Sawit, PT Nusantara Agro Sentosa, PT Global Primatama Mandiri, PT Agro Bumi Kaltim, PT Batu Borneo Perdana and others.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.