【Central Decryption】Webb's message embodies the spirit of LION ROCK GROUP, actively buying LION ROCK GROUP shares
Independent stock analyst David Webb increased his holdings in LION ROCK GROUP by 4,000 shares last Friday, raising his stake from 9.99% to 10%, with a transaction value of HKD 5,880. Webb mentioned in the transaction, "I still have the Lion Rock spirit," reflecting his confidence in the company. LION ROCK GROUP currently has a market value of approximately HKD 1.2 billion, with a stock price rising to HKD 1.56, hitting a 52-week high and a 28% increase over the past year. The major shareholder is Chairman Liu Zhujian, holding about 46.7% of the shares
According to data from the Hong Kong Stock Exchange, independent stock analyst David Webb increased his holdings of Lion Rock Group (01127) by 4,000 shares last Friday (9th), with an average purchase price of 1.47 Hong Kong dollars, involving a total of only 5,880 Hong Kong dollars. As David Webb originally held a 9.99% stake, his latest equity after the transaction has increased to 10%, with a total holding of approximately 77 million shares.
Although the transaction amount this time is not large, David Webb continued to leave a witty remark in the "Supplementary Information" column. After writing "Came back for another T-shirt" when he increased his holdings of Giordano International (00709) last time, this time he left a message saying "I still have the Lion Rock Spirit". Lion Rock Group closed at 1.56 Hong Kong dollars yesterday, up 1.3%, hitting a 52-week high. It has risen by 28% in the past year, with a current market value of 1.2 billion Hong Kong dollars.
Based on David Webb's holdings of Lion Rock Group, the market value is approximately 120 million Hong Kong dollars. Currently, the largest shareholder of Lion Rock Group is Chairman Lau Chu Kin, holding approximately 46.7% of the shares, while David Webb is the second largest shareholder
