From "Stupid Cheap" to "Stupid Expensive"

Founder

Kemp Dolliver, CFA

Cherrystone Hill Research

Equity Bottom-Up

<p>Dr. Sun Man Kin Michael, an Executive Director of UMP, has filed two Form 3As with the HKEX to report the open market purchases of 11 million shares -- 5.4 million shares at HKD1.16 (20 Jan) and 5.6 million shares at HKD1.12 (21 Jan.) The transactions increase his stake to 12.6 million shares (1.7% of the shares outstanding) from 1.5 million shares (0.2%.)</p><p>Dr. Sun is the first insider to report any transactions in the stock since the IPO. <a href="https://www.smartkarma.com/profiles/2" target="_blank" data-smartkarma-citation="accounts:2">Raghav Kapoor</a>  and I have highlighted the stock's…</p>

Dr. Sun Man Kin Michael, an Executive Director of UMP, has filed two Form 3As with the HKEX to report the open market purchases of 11 million shares -- 5.4 million shares at HKD1.16 (20 Jan) and 5.6 million shares at HKD1.12 (21 Jan.) The transactions increase his stake to 12.6 million shares (1.7% of the shares outstanding) from 1.5 million shares (0.2%.)Dr. Sun is the first insider to report any transactions in the stock since the IPO. Raghav Kapoor  and I have highlighted the stock's…

UMP Healthcare

An Insider Takes the Bait