Reasons for TECNIC:
- Cash of RM 40 Million ( cash rich, debt free company)
- EPS: 43 cents and PE of 7!!! normally distributing 50% of annual net income as dividends paid to shareholders, dividend 25 cents last year.
- Due to capex and expansion this year, Tecnic is giving 5 cents dividend for this year!. Next year should be boom again!
- Currently almost at year low!
- NTA RM 2.5!
Year low! Let's chase it before it sky rocket!
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