Key Insights
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Plenitude Berhad's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public
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The top 2 shareholders own 54% of the company
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Using data from company's past performance alongside ownership research, one can better assess the future performance of a company
Every investor in Plenitude Berhad (KLSE:PLENITU) should be aware of the most powerful shareholder groups. With 59% stake, private companies possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
Meanwhile, private equity firms make up 22% of the company’s shareholders.
Let's take a closer look to see what the different types of shareholders can tell us about Plenitude Berhad.
Check out our latest analysis for Plenitude Berhad
What Does The Lack Of Institutional Ownership Tell Us About Plenitude Berhad?
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 could be various reasons why no institutions own shares in a company. Typically, small, newly listed companies don't attract much attention from fund managers, because it would not be possible for large fund managers to build a meaningful position in the company. It is also possible that fund managers don't own the stock because they aren't convinced it will perform well. Plenitude Berhad might not have the sort of past performance institutions are looking for, or perhaps they simply have not studied the business closely.
We note that hedge funds don't have a meaningful investment in Plenitude Berhad. Our data shows that Ikatan Bina Sdn Bhd is the largest shareholder with 32% of shares outstanding. Fields Equity Management Limited is the second largest shareholder owning 22% of common stock, and En Primeurs Sdn Bhd holds about 5.5% of the company stock.
To make our study more interesting, we found that the top 2 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.
Insider Ownership Of Plenitude Berhad
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.