HO BEE Boss bought 1,048,000 Teck Wah shares on Mar 22. Then on Mar 25, he bought 162,000 more shares. In all, he owns 13,990,000 shares, which is 5.99% of the issued share capital. His continued accumulation of Teckwah is a damn positive sign, cos he knows Teckwah boss, Thomas Chua (and by extension he understands the value of the business). Ho sei. Just hold your shares, and see it yield good returns.
I think his latest entry price is about 32.5 cents, it should very profitable to just buy and hold at current level. Hobee\'s boss is very fat-sight, just thought he was the first one to get the sentosa land to build the house.
irsy, yup because of Ho Bee\'s boss purchase at around 32.5 cents, 32.5 cents and 33 cents are forming good support now... Noone wants to sell below the price that Ho Bee\'s boss purchase last week... But volume for this stock is low so it still need significant buying volume to push it up.. The concern i have is when are they going to announce the dividend payable date... hope the dividend can be given out at least by end april or early May...
With such a pillar investor, I feel just lay back and enjoy the show. I\'d like to say the show just starts. And there are ppl who are collecting TechWah by judging from the chart
Teckwah has a solid balance sheet, and a business model that should grow further this year. That Ho Bee tycoon must have seen it that way and bought the stock. Now the price is back to where that tycoon accumulated. Sigh, for some of us, it is a case of so many investment opportunities, so little money (so few millions). TECKWAH INDUSTRIAL attracts tycoon Chua Thian Poh as shareholder
www.nextinsight.biz/content/view/1923/79/
The Ho Bee boss has added 175,000 shares of Teckwah to his holding. Now total 14.2 million shares. Just announced this evening. ... Teckwah is solid I agree. Winner of Singapore Quality Award. People tell me this award not kelong one like other awards. This SQA is really tough to win.
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