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QT Vascular Going BIG
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lifeisgood
Supreme |
25-Jan-2015 22:04
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I wonder whether the CEO receives a cash salary. If he has cash payment, and assuming it is not peanuts like Durai, then he ought to be able to pay his tax using cash rather than sell company shares. So his action is still a question mark for me.
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notsostupid
Veteran |
25-Jan-2015 18:47
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As of 23 Jan 2015, QT in SGX closed S$0.335. In US OTC closed at US$0.30. Don't tally isn't it? | ||||
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notsostupid
Veteran |
25-Jan-2015 18:20
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Someone please advise. | ||||
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notsostupid
Veteran |
25-Jan-2015 18:16
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In Sing$ is how much? | ||||
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notsostupid
Veteran |
25-Jan-2015 18:13
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QT Vascular Ltd (QTVLF:US) Medical Devices : OTC US : USD Last updated Jan 23 0.30 +0.06 (+25.00%) SNAPSHOT KEY STATS TODAY High0.30 Open0.30 Aftermarket TimeJan 23 Low0.30 Previous Close0.24 Volume1000 Above is a cut and paste. Anyone noticed this? QT is US$0.30? Risen by US$0.06? | ||||
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luca_brasi
Member |
25-Jan-2015 13:38
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The CEO is a US citizen I believe so he must pay tax in the US even if he' s a Singapore resident. Look at public US companies and you will see a lot of year end shares disposal for tax purpose. Somemore, 600k shares is a drop in bucket of 15M shares...   |
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notsostupid
Veteran |
24-Jan-2015 10:19
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Exercised shares option was taxed 600,000 worth of shares value? That's alot tax to pay! | ||||
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notsostupid
Veteran |
24-Jan-2015 01:00
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Bro, don't mistaken. Go read under Remarks. Most likely will go above 0.34 in the coming days.
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notsostupid
Veteran |
24-Jan-2015 00:51
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My dear friend, no need to lighten up, the 600 lots is for tax purposes only. The price will rise from Monday my bet.
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l0nEr_
Member |
24-Jan-2015 00:09
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its in the announcement, under part 12 remarks section. Im just amazed the CEO owns so little of the company?
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notsostupid
Veteran |
23-Jan-2015 23:49
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Where can we find this reason that you wrote in writing?
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surewin73
Member |
23-Jan-2015 22:06
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The percentage of shareholding before and after the change is computed based on the Company' s issued share capital of 764,096,122 shares as at the date of this transaction. Eitan Konstantino' s disposal of 600,000 shares was for the purposes of tax requirements.
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notsostupid
Veteran |
23-Jan-2015 21:09
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Wonder what is his reason for selling. Has he thought of the consequences? | ||||
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McManaman
Member |
23-Jan-2015 20:36
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CEO still owns slightly more than 15.5 million after selling 600,000 shares to the open market, may not be as serious as some may think. Still it pays to observe any announcements regarding Disclosure of director' s interest.   |
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lifeisgood
Supreme |
23-Jan-2015 18:35
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In general when a CEO sells, the signal is not so positive. Got to watch for further development. I may lighten up in the days ahead.  |
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halleluyah
Supreme |
23-Jan-2015 18:20
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go read sgx cdp....most likely will go blw 0.30 in the coming days....
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notsostupid
Veteran |
23-Jan-2015 18:09
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Why did he sell it? Any implications? | ||||
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notsostupid
Veteran |
23-Jan-2015 17:58
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How do you know it? Where written to confirm this?
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HVRRVH
Elite |
23-Jan-2015 17:38
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Can't balme him. I think early this week QT awarded some shares to its employees. Guess what's the option price? 0.00 something!! I stand to be corrected but interested party may check SGX website.
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RoundRound
Elite |
23-Jan-2015 17:26
Yells: "Tikam Tikam can also" |
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Maybe needed money for Chinese New Year Ang Bao?
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