Hong Fok Corporation Limited (SGX:H30) stock most popular amongst private companies who own 40%, while individual investors hold 32%
In This Article:
Key Insights
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The considerable ownership by private companies in Hong Fok indicates that they collectively have a greater say in management and business strategy
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53% of the business is held by the top 4 shareholders
A look at the shareholders of Hong Fok Corporation Limited (SGX:H30) can tell us which group is most powerful. With 40% stake, private companies possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
And individual investors on the other hand have a 32% ownership in the company.
In the chart below, we zoom in on the different ownership groups of Hong Fok.
Check out our latest analysis for Hong Fok
What Does The Institutional Ownership Tell Us About Hong Fok?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
Less than 5% of Hong Fok is held by institutional investors. This suggests that some funds have the company in their sights, but many have not yet bought shares in it. If the business gets stronger from here, we could see a situation where more institutions are keen to buy. When multiple institutional investors want to buy shares, we often see a rising share price. The past revenue trajectory (shown below) can be an indication of future growth, but there are no guarantees.
Hong Fok is not owned by hedge funds. Our data shows that Hong Fok Land Holding Limited is the largest shareholder with 22% of shares outstanding. Sim Eng Cheong is the second largest shareholder owning 14% of common stock, and P.C. Cheong Pte Ltd holds about 12% of the company stock. Sim Eng Cheong, who is the second-largest shareholder, also happens to hold the title of Co-Chief Executive Officer. In addition, we found that Pin Chuan Cheong, the CEO has 2.8% of the shares allocated to their name.
Our research also brought to light the fact that roughly 53% of the company is controlled by the top 4 shareholders suggesting that these owners wield significant influence on the business.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.
Insider Ownership Of Hong Fok
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.