Do Directors Own Man Shing Global Holdings Limited (HKG:8309) Shares?

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A look at the shareholders of Man Shing Global Holdings Limited (HKG:8309) can tell us which group is most powerful. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.'

Man Shing Global Holdings is a smaller company with a market capitalization of HK$44m, so it may still be flying under the radar of many institutional investors. In the chart below below, we can see that institutions are not on the share registry. Let's take a closer look to see what the different types of shareholder can tell us about 8309.

Check out our latest analysis for Man Shing Global Holdings

SEHK:8309 Ownership Summary, August 13th 2019
SEHK:8309 Ownership Summary, August 13th 2019

What Does The Lack Of Institutional Ownership Tell Us About Man Shing Global Holdings?

We don't tend to see institutional investors holding stock of companies that are very risky, thinly traded, or very small. Though we do sometimes see large companies without institutions on the register, it's not particularly common.

There are multiple explanations for why institutions don't own a stock. The most common is that the company is too small relative to fund under management, so the institition does not bother to look closely at the company. On the other hand, it's always possible that professional investors are avoiding a company because they don't think it's the best place for their money. Man Shing Global Holdings's earnings and revenue track record (below) may not be compelling to institutional investors -- or they simply might not have looked at the business closely.

SEHK:8309 Income Statement, August 13th 2019
SEHK:8309 Income Statement, August 13th 2019

Man Shing Global Holdings is not owned by hedge funds. As far I can tell there isn't analyst coverage of the company, so it is probably flying under the radar.

Insider Ownership Of Man Shing Global Holdings

The definition of company insiders can be subjective, and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

It seems that insiders own more than half the Man Shing Global Holdings Limited stock. This gives them a lot of power. That means they own HK$29m worth of shares in the HK$44m company. That's quite meaningful. Most would be pleased to see the board is investing alongside them. You may wish todiscover (for free) if they have been buying or selling.