yup, should be a good one to put on your radar screen, as it is more or less certain that this Ho Bee guy knows the business & stock far better than most of us.
so it went up 1 cent today to close at 28 cents. Good as the business may be, the company can be more pro-active and forthcoming in communicating with the market. as it is, it has no visibility in terms of analyst reports and media coverage. only Ho Bee chairman understands the true workings of the business, it would seem, going by his confident and constant accumulation of the stock.
Teckwah rose 1 ct to close at 28.5 cents today. Still v attractive belle: PE of 5.4 , and dividend yield of 9.8%, all based on last year\'s data. No wonder this belle caught the eye of Ho Bee tycoon. On top of that, it has a fantastic amount of cash of $43 million versus debt (near zero), so u dont hv to worry about a collapse S-chip style. With $43 m cash in the bank, Teckwah has a market cap that is unbelievably low of $66 m, so u r paying for $23 m for the business. This business reaped $12 m in profit last year!!!!
Maybe, we can expect another fat dividend from Teckwah again soon... tat\'s why Ho bee\'s boss is accumulating... Looking forward to see Teckwah\'s First Half Year result.. Most companies release quarterly result... 6 months is a long wait for its performance report to be out... I wonder if there is any shareholder whom suggested to Teckwah\'s directors before during annual meeting to release a quarterly report instead of a biannual report...
ok man, finally the stock woke up from its long deep slumber.
Very strong buying in the last few hours.
33 cents is still too cheap. Teck Wah should be worth at least 45 cents.
Just my 2 cents worth>