Up to the ceiling for 11 sessions but trading fluctuated

Accordingly, at the end of the trading session on March 22, the stock price of THS stood at 41,900 dong, up to the ceiling by 9.97%, equivalent to an additional 3,800 dong per share.

This is the 13th consecutive gaining session of THS stock, including 11 consecutive days of ceiling increase. In general, from March 3 to 22, the share price of Thanh Hoa – Song Da increased by 222.3%, helping each share add 28,900 dong. With more than 2.7 million shares outstanding, THS market capitalization added nearly 80 billion VND.

Notably, THS trading volume during the above period was quite low, averaging only 1,586 shares/session. The maximum trading day is 11,300 shares, the lowest day is only 100 shares.

In April 2021, THS stock also surprised investors when it had a series of 20 consecutive sessions of hitting the ceiling even though it had gone sideways and had almost no liquidity before.

But what makes many people wonder is the fact that a series of THS leaders are selling all their shares. Specifically, Mr. Truong Van Thanh, Chairman of the Board of Directors registered to sell all 286,300 THS shares; Mr. Nguyen Thanh Hai, Member of the Board of Directors registered to sell all 225,000 shares; Mr. Do Van Thai, Head of Supervisory Board, divested all 131,030 THS shares…

In the opposite direction, Mr. Le Anh Tuan, a member of the Board of Directors, registered to buy nearly 1.5 million THS shares.

Thanh Hoa – Song Da went public since 2013, main activities in the field of commercial business of Hai Duong porcelain, Hai Phong aluminum, Hoa Phat furniture… Financial reports show that, in 2021, THS net revenue reached 278.5 billion dong, up 6% over the same period last year; pre-tax profit was 4.7 billion dong, up 17.5% over the same period last year; profit after tax increased by 18.6% to nearly 3.8 billion dong.