Siamgas and Petrochemicals PCL
SET:SGP
We don't have any information about SGP's insider trading.
Siamgas and Petrochemicals PCL
Glance View
Siamgas & Petrochemicals Public Co. Ltd. engages in the sale and production of liquefied petroleum gas, ammonia, and other petrochemical products. The company is headquartered in Bangkok, Bangkok Metropolis. The company went IPO on 2008-06-03. The firm's principal business is trading petroleum and petrochemical, transportation services by land and ship and oil depots and port services. The firm operates in three business segments: Petroleum and petrochemical products, Transportation services and Other segments. Its petroleum and petrochemical products segment is engaged in petroleum trading for household cooking, industry and transportation businesses, and petrochemical trading. Its transportations services are conducted by land and ship. The firm's other segments include cylinder manufacturing, holding business and oil depots and port services. Its subsidiaries include Unique Gas and Petrochemicals Public Company Limited, Lucky Carrier Company Limited, Siam Quality Steel Co., Ltd., Siam Ethanol Exports Co., Ltd., 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.