Sahamit Machinery PCL
SET:SMIT
We don't have any information about SMIT's insider trading.
Sahamit Machinery PCL
Glance View
Sahamit Machinery Public Co., Ltd. engages in the distribution of special steel, machine tools and tooling, and paper products. The company is headquartered in Bangkok, Bangkok Metropolis. The company went IPO on 2005-05-18. The company is a provider of heat treatment service, distributor of machines for the production of molds and other machines for steel products. The company distributes paper products, pulp, chemicals, and machines for the paper industry. The company is also involved in the distribution of machineries and equipment’s for the wood and furniture industry, industrial knife production and electrical engineering products. The company operates in three segments: Steel & Heat treatment; Machine tools & Tooling and, Others consisting of Pulp & paper, Electrical engineering and Machineries and equipment for wood industry. Its products include machinery and carbon steel, aluminum alloy, tool holders for various machines, digital readout, measuring equipment, paper cutting and slitting machines, tapioca saw blades, and low-voltage switch gear.
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.
