Report, image by : Gan Yung Chyan, KUCINTA SETIA
Starlux Airlines can be said to be a hot topic for discussion in Taiwan recently. Not only is its performance outstanding, it has added new routes and waypoints one after another. When its market prices converged, and many retail investors encountered turbulence and caught up with the airline. There was even a social group called "Starlux Airlines Locked Up Self-Help Association" on Facebook, with more than 2,000 members. Starlux Airlines also issued a statement on 22 February 2023.
Nie Guowei, the public relations officer of Starlux Airlines, said today that "Chairman Zhang Guowei didn't sell any of the shares he held in his hand." However, some Starlux employees reported they have transferred their holdings but they were said to be "dumping the stock." Nie Guowei carefully clarified, "Employees declare in accordance with the regulations and sell stocks with their legal rights. It takes 3 days to trade but it is unreasonable to be called "dumping" by the outside world, and I feel wronged for the employees."
However, many retail investors failed to make money after investing in Starlux, falling to the point where only "Meteor" remained, and even the phenomenon of "Self-Help Association" appeared. Starlux is also very distressed that the stockholders are hanging at a high point, and hopes that the stockholders will remain rational and buy shares at a reasonable price.
Ref.: https://news.tvbs.com.tw/money/2050050
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