Teckwah Industries

This is also what i like about them... The higher profitability is mainly attributable to the swift actions by the management in cost management and process improvement resulting in better efficiencies and lower operating cost. The top and senior management took the lead in salary cut of 10% and 5% respectively, and salary freeze for the rest of the staff at the beginning of 2009. “We saw strong team spirit among all staff who worked together to overcome the difficult time. Although we have delivered a set of better than expected results, it is not the time to celebrate yet because there are still uncertainties ahead of us. The cost management measures and process improvement initiatives that we have put in place have to be continued and further enhanced. Although our Print related business, being a core business for Teckwah, will continue to play an important role, the development of our Non-print business is also encouraging,” said Mr. Thomas Chua, Executive Chairman and Managing Director of Teckwah. With our strong balance sheet, we will capitalize on current lower prices in this downturn to selectively upgrade our facilities and continue to look for business acquisitions that will support the future growth of the Group. Barring any unforeseen circumstances, the Group will deliver a higher profit for this financial year as compared to FY 2008.

Take a look at Techcomp too.... I have load up a few lots before they announced their result. Next Insight have an excellent article on it... I believe that it will move up significantly after they release full year result in 6 months time.... Hope it don\'t move too fast for me to load up more.... yield at about 4.5% based on it\'s record of 1.2 cents dividend. Cheers.....

regarding TeckWah - how now? after some active trading following the results announcement, now no more stock action...the management does not know how to bring market attention to the business? stock seems to hv value, but is this what is called a value trap?

hey guys..just a noobie heart-burning question..y is it good when the company\'s cash on hand is equal or more than the market capitalisation?tks for your time!!

u new to investing? welcome. let\'s say u own a single hypermart called NTUC Fareprize. Yr business has $5 million in cash in the bank. Someone comes along and offers to pay you $5 million to take over NTUC Fareprize. That\'s a great deal for the buyer, cos he is getting the business (which comes with the cash in the bank) for free. Same thing happens when the cash of TeckWah is equal to its market cap (market cap = the value of all the shares of TeckWah). Got it? if not, ask more questions.

Yup new to share investments..err..ive got the Ntuc example..however with this case of market cap = cashflow of company, how will retail shareholders\' gain (increase in share prices in long run)?