According to Morpheus, Techcomp\'s 2010 profit is potentially, USD 10.2 million to USD 11.6 million. EPS will be around 10.5 cents. (refer to his earlier posting)> If so, the PE will be very cheap at 4.5X only cos current share price is 45 cents. The stock has few sellers, People just holding them. And management is not selling.....In fact the chairman has just bought 800,000 shares at 44 cents. Sigh...
It works both way isn\'t? If times are bad, I am sure you would be glad that there is insufficient liquidity for dumping of prices... If one really likes the share and has to own it, just bid up the price. There will always be someone who is willing to sell if he deems the bid price is attractive enough. :lol:
stock touched 47 cents before settling at 46 cents cos of dampened market sentiment. still a good performance, think it will hit 50 cents by end of the month barring any unforseen circumstances.... hahahahaha
Stock has breached 46-c level today. If analysts resume coverage of the stock, it will attract more market attention. It\'s necessary as the business is unique on SGX and needs further clarity. This stock is not for punting but for mid to long term holding by peoople who appreciate the growth prospects and its steady nature.
Heavy buying & selling of Biosensors today. about 5.5 million shares traded. Is it a good buy? Nomura and Kim Eng seem to luv it.....according to what I read on NextInsight today.