Jill Smith

Jill Smith discloses dealings in Manulife US Real Estate Management Pte. Ltd. to SGX. Over a trading history stretching from 27 February 2017 to 25 February 2021, the count stands at 26 filings.

The open-market side counts 21 purchases for €24.2M alongside 3 sales for €5.4M. The totals do not cover 1 filing with an undisclosed amount. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. 2021 to date brings 1 purchase and no sales.

The median purchase comes to €1.1M. Clusters matter here: 1 out of 5 purchases overlapped with buying by a colleague within 30 days. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time. After 5 purchases with a full 90-day history, the hit rate stands at 60% and the median 90-day move at +1.8%. This is a record of the past, not a forecast.

On 25 February 2021 came the latest disclosure, an open-market purchase for €2.6M in Manulife US Real Estate Management Pte. Ltd. Publication is fast: at least half of the trades appear on SGX on the same day. The shorter that gap, the sooner other investors can see what insiders have done. These figures are compiled from regulatory filings published by SGX. They describe what insiders did and are not a recommendation.