Thursday, 23 May 2013

Fong Siling : Tecnic


Reasons for TECNIC:

  1. Cash of RM 40 Million ( cash rich, debt free company)
  2. EPS: 43 cents and PE of 7!!! normally distributing 50% of annual net income as dividends paid to shareholders, dividend 25 cents last year. 
  3. Due to capex and expansion this year, Tecnic is giving 5 cents dividend for this year!. Next year should be boom again!
  4. Currently almost at year low!
  5. NTA RM 2.5! 

Year low! Let's chase it before it sky rocket! 

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