Insiders Enjoy S$11m Return After Buying Salt Investments Stock

Salt Investments Limited (SGX:FQ7), an investment holding company, has seen its share price surge by 200% over the past year, with insiders reaping a significant return on their investments. The company's stock price has more than doubled from S$0.001 to S$0.003, with insiders buying shares at an average price of S$0.0015. This article explores the factors behind this remarkable performance and the role insiders played in identifying the stock's undervalued status.

Salt Investments' share price has been on an upward trajectory since the beginning of 2024, with the company's market capitalization increasing from S$12.3m to S$47.2m. Insiders have been active buyers of the stock, with the Head of Marine & Offshore Division, Tian Lian, purchasing S$2.5m worth of shares at an average price of S$0.0015 each. This transaction was made at a price well below the current share price, indicating that insiders consider the stock undervalued at lower prices.



The recent 25% loss in Salt Investments' share price has not deterred insiders from buying more shares. In fact, insiders have shown more appetite for the stock over the last year, with their buying activity suggesting that they are optimistic about the company's future prospects. This increased insider buying, coupled with the company's strong share price performance, indicates that Salt Investments' insiders are well-aligned with other shareholders and have a positive outlook on the company's growth potential.



Insiders own a significant chunk of the company's shares, with their ownership stake valued at S$33m. This high level of insider ownership suggests that management incentives are well-aligned with other shareholders, as insiders are more likely to prioritize the company's long-term success when they have a significant financial stake in the business. This alignment of interests can lead to better decision-making and improved shareholder value.



In conclusion, Salt Investments Limited's remarkable share price performance and insider buying activity highlight the potential of the company's growth prospects. With insiders owning a significant stake in the company and demonstrating their confidence through increased buying, it is clear that they are optimistic about the company's future. As Salt Investments continues to execute on its growth strategy, investors should keep a close eye on the company's progress and consider the potential benefits of investing alongside insiders.