Petrovietnam Low Pressure Gas Distribution JSC
VN:PGD
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We don't have any information about PGD's insider trading.
Petrovietnam Low Pressure Gas Distribution JSC
Glance View
PetroVietnam Low Pressure Gas Distribution JSC engages in the distribution and transportation of low pressure gas through pipelines. The company is headquartered in Ho Chi Minh, Ho Chi Minh and currently employs 273 full-time employees. The company went IPO on 2009-11-26. The company also trades other industrial gases, petroleum and other oil-based products, as well as machinery, supplies, chemicals and transportation equipment for the gas industry. In addition, it is involved in the provision of technology transfer consulting services and vehicle maintenance and repair services, along with the construction of pipelines, warehouses, stations and other industrial structures. Other activities include transportation of oil and gas products and the trading of construction materials and indoor decorations. As of December 31, 2012, the Company was 50.5% owned by PetroVietnam Gas Corporation (PV Gas).
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.
