Techcomp

It is a good Company undergoing some form of restructuring. I expect much better profit in 2013.

Keeping it until it is SGD 1.00


Macgyver

Techcomp is 44 cents in SG and about 42 cents SGD equiv. in HK. Strong results coming?

Techcomp is a good Company but business was derail by China & Japan relationship. Look like it’s back on the growth path again.

Strong results is coming but traditionally most of its profit will be in full year result.

SGD 1.00 for this stock is possible but not so soon.

2H results will probably be a great improvement...

infopub.sgx.com/FileOpen/E_Techcomp_Cont...cement&FileID=255381


Even though the new USD1.4m contract from China Food and Drug Administration (CFDA) is a relatively small one, Techcomp has said "In view of the PRC government’s urgency to ensure food safety standards and quality, the Group is expecting a continuous increase in the demand for its equipment."

CEO Richard Lo has also added a very positive last statement at the end of the announcement which is reproduced below....
"Benefited from the favorable business environment, we are confident to deliver an encouraging financial performance this year.”

Some life in this counter today. ANy reason?

Read this

yhcxzb.chinastock.com.cn/yhwz_about.do?m...ilInfo&docId=4424162