Techcomp

There is an arbitrage opportunity for Techcomp.

HK listing is aout 45 SGD cents while the Singapore listing is 40 cents.

8 June 2012 report on Techcomp by Standard Chartered Bank, HK, fyi.

Volume is picking up ahead of its 2Q results announcement.

Trading volume in Hong Kong today is almost 2 million shares.
The Hong Kong share price ended at HKD 3.04 or SGD 50.2 cents.
 
The Singapore trading volume is only 15 lots done and the share price is SGD 43 cents.
 
Tell me something is not right in this market....
 
 

There is a 16.7% difference in the share price and a 133% difference in trading volume.
Is Techcomp really that hot in Hong Kong market?
Are we missing something?

What an interesting world