Mark Leland's  Instablog

Unisem (Malaysia) Berhad has seen a drop in prices over the last 9 months, and in reaction a Non-Executive, Tee Yee Lou made a large shareholding decrease. The director has sold over $1million (assuming trades at the market price) worth of their shareholding, decreasing it by over 70% in the past week. Previous to this, Tee made another large sell in March which took his holding down 12%. As mentioned, these sells are in line with the price drops seen on the chart. It is worth nothing the shareholding decrease comes just before the announcement of interim results is due.

Going against this selling trend, market analysts from consultancy company, EbelingHeffernan.com, believe that buying shares in Unisem (M) Berhad could be a worthwhile investment as 2012 target price is said to be around the RM3 mark. However, poor results from the past two quarters have shown the company to be struggling to increase their sales whilst the industry goes through an inventory adjustment. The company share prices have been reflecting this struggle as it dips under the RM1.5 mark.

This week Canadian company, SilverBirch Energy Corporation, has seen a cluster of buys from directors and officers as prices have dropped to their lowest for 6 months. One Non-exec has doubled her holding with a trade worth over US$35k. Along with director/officers trades, Shareholder Kevin Douglas has bought a staggering $5million worth of shares in two days which saw his shareholding increase by 20%.

SilverBirch Energy Corporation has recently announced the initial engineering results of an upcoming project which is said to see returns of 8-9% on cost. Despite this, prices have been trending back towards the company’s IPO back in October 2010.