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Wednesday, June 02, 2010

Sold off all my Parkway Holdings shares

After seeing directors of Parkway Holdings [P27.SI] selling away tens of thousands of shares, I decided to follow these 'insiders' to sell off all of mine. Profit secured is at 71.50% :)

The following chart shows Parkway Holdings past three months' stock performance. Notice the surge in the final week.

My question in mine is will Fortis Healthcare counter-bid Khazanah's offer? Are the actions of Parkway's directors saying something on Fortis' plan?

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