Q & M Dental Group (Singapore)'s significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public
53% of the company is held by a single shareholder (Quan Min Holdings Pte Ltd.)
Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business
If you want to know who really controls Q & M Dental Group (Singapore) Limited (SGX:QC7), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 55% to be precise, is private companies. Put another way, the group faces the maximum upside potential (or downside risk).
Meanwhile, individual investors make up 31% of the company’s shareholders.
In the chart below, we zoom in on the different ownership groups of Q & M Dental Group (Singapore).
What Does The Institutional Ownership Tell Us About Q & M Dental Group (Singapore)?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
Institutions have a very small stake in Q & M Dental Group (Singapore). That indicates that the company is on the radar of some funds, but it isn't particularly popular with professional investors at the moment. If the business gets stronger from here, we could see a situation where more institutions are keen to buy. It is not uncommon to see a big share price rise if multiple institutional investors are trying to buy into a stock at the same time. So check out the historic earnings trajectory, below, but keep in mind it's the future that counts most.
SGX:QC7 Earnings and Revenue Growth September 20th 2024
Hedge funds don't have many shares in Q & M Dental Group (Singapore). Looking at our data, we can see that the largest shareholder is Quan Min Holdings Pte Ltd. with 53% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. With 6.8% and 1.8% of the shares outstanding respectively, Heritas Capital Management Pte. Ltd. and Quan Min Plus Pte. Ltd. are the second and third largest shareholders. Additionally, the company's CEO Chin-Siau Ng directly holds 0.6% of the total shares outstanding.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Q & M Dental Group (Singapore)
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
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.
We can see that insiders own shares in Q & M Dental Group (Singapore) Limited. In their own names, insiders own S$14m worth of stock in the S$266m company. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling.
General Public Ownership
The general public-- including retail investors -- own 31% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
Private Equity Ownership
Private equity firms hold a 6.8% stake in Q & M Dental Group (Singapore). This suggests they can be influential in key policy decisions. Sometimes we see private equity stick around for the long term, but generally speaking they have a shorter investment horizon and -- as the name suggests -- don't invest in public companies much. After some time they may look to sell and redeploy capital elsewhere.
Private Company Ownership
Our data indicates that Private Companies hold 55%, of the company's shares. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand Q & M Dental Group (Singapore) better, we need to consider many other factors. To that end, you should be aware of the 2 warning signs we've spotted with Q & M Dental Group (Singapore) .
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
