1. 4Q profit was S$1.9 m compared to a loss of $2.4 m in previous 4Q.
2. CEO has been buying shares after results
3. NAV 14.21 cents. But stock is only 7 cents.
4. Net cash $15 million, while market cap is $24 million.
cash is 63% of market cap.
Just sharing. Take care.
Viva,
Thanks for highlight. I bought some today. Cash per share is 5.5c and it has stopped burning cash. Mr. Market only values it at 2c which is super super cheap. Will collect some more tomorrow. I believe more investors will take notice soon.
I guess when volume shot up and when the company has turned around, it attracted big boys to pump. It's US subsidiary Alphen cd become another Techcomp..distributing scientific imaging products worldwide thru an US MNC.