Petrolimex Haiphong Transportation and Services Join Stock Co
VN:PTS
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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We don't have any information about PTS's insider trading.
Petrolimex Haiphong Transportation and Services Join Stock Co
Glance View
Hai Phong Petrolimex Transportation & Services JSC engages in the provision of transportation services. The company is headquartered in Haiphong, Hai Phong. The company went IPO on 2006-12-01. The company mainly offers marine transportation of petroleum, and engages in merchandise of petroleum, liquefied gas and petrochemicals. The firm is also involved in the performance of shipbuilding and repair activities as well as the manufacture of mechanical spare parts for replacement. As of December 31, 2012, the Company was a subsidiary of Vietnam National Petroleum Corporation (Petrolimex), and it had one affiliate. During the year ended December 31, 2012, 59.88% of the Company's net revenue came from the sale of gasoline and petroleum.
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.
