Someone keep absorbing the selling? In this weak market? If true, there must be something he knows that we all don't know.

Window Chan: U may be right about Kabouter. We should know in a day or 2 when they are obliged to report their purchases as Subst Shareholders. However, it is also possible that the accumulator is some other party -=-- my guess is it has to do with the dual listing in HK that is coming. Don't HK parties need to be able to inject liquidity to the stock trading there, aside from a placement exercise that is inevitable?

kabouter increased their stake on 15 march buying at about 44c. Are they buying again at 44c now?

Under accumulation today too --- ready buyer at 44 cents. Throw to him, and he will come back with another buy order . My broker said this could be a computrised buy program. Anyone can confirm?

Accumulation detected today. Ready buyer at 44 cents.

Nibbling detected for this stock on Thurs & Friday (118,000 shares traded on Friday) but don't know if this is any sign of a more aggressive accumulation. Current level of 45 cents --- has not been too deep a correction. What catalyst will come?

Correction continues --- today closed at 42 cents. Was 50 cents 4 weeks ago. The market is indeed moving according to sentiment rather than fundamentals. The stock is attractive again at trailing PE of 7.5X, with expected strong growth in EPS this year when the European acquisitions turn around.

Techcomp -- long time no see tis stock, suddenly I blur. How come now only 43 cents? PE is not cheap, but there was steady accumulation in the recent past few months. My broker said some fund was buying. This morning 's vol was not high, but who is throwing the stock away? So impatient

50 cents again today --- volume quite high --- but no energy to push through the 50-cent resistance level. If and when it happens, the signal is highly positive. I think it will happen sooner or later. Don't forget management should be travelling to SG this week for AGM and will likely meet some 'people '  aka analysts & fund managers. LOL

omg, now 50 cents following announcement of dual listing in HK. after reading it, i am not sure what is new? they have announced dual listing plan previously, right?

Some smart investor/ possibly a fund probably was the one accumulating the stock, until last week when the buying dried up for whatever reason & the stock did a few trades at around 47.5 cents. I dont think it is about them turning cautious or prudent - maybe they had bought enough for the time being and bearing in mind that Techcomp is due to announce 1Q results soon. Chances are they want to see the results - or even stay out of the 2-week black out period. When Techcomp was first introduced to the market, investors were slow to recognise the potential of the Chinese market for scientific equipment.

what did i say yesterday? stock now 51 c

According to my broker, there is / are someone/people who want Techcomp badly. Price now 47.5 cents, wont be surprised if it goes past 50 cents. Won't zoom, more like crawl cm by cm. 

Kabouter bought another 302,000 shares of Techcomp - announcement this morning.
The fund now has 23,312,000 shares for a 10.03% stake.

They are backing up their words with action! They discussed their views on Techcomp in this report a few days ago:

TECHCOMP: US fund manager, major shareholder shares insights with analysts

I doubt Techcomp can reach $1.20 - Now it's at 46 cents which is a solid level, reflecting a resilience that amazes a lot of investors. It is now at PE of 8X historical, and to double in stock price would take it to 16X, which is too dizzingly high even if you factor in a growth rate of 30% for its EPS this year. Nonetheless, it has been a solid performer this year .

Great news to Techcomp's shareholders!

Go Hong Kong where investors know its true value and give it a deserved 15x PE.

Singapore equity market is hopeless now. It can only attract REITs and Trusts for yield plays. In a few years' time, I believe all the good companies will leave Singapore equity market for other markets.

Revised my personal fair value estimate for Techcomp to S$1.20 now.

Proposed Dual Listing on the Main Board of The Stock Exchange of Hong Kong Limited (the "SEHK")

Techcomp (Holdings) Limited (the "Company" and together with its subsidiaries, the "Group") wishes to announce that the Company intends to seek a dual primary listing of its ordinary shares (the "Shares") on the Main Board of the SEHK (the “Proposed Listing”).


The Directors of the Company (the “Directors”) are of the view that it is desirable and beneficial for the Company to have dual primary listing status in both Singapore and Hong Kong so that the Company can have ready access to these different equity markets in the Asia Pacific region when the opportunity arises.

The two markets also attract different investor profiles thereby widening the investor base of the Company and increasing the liquidity of the Shares. Further, listing on the SEHK may enhance the Company's profile in Hong Kong and the People’s Republic of China, facilitate investment by Hong Kong investors, enable the Company to gain access to Hong Kong's capital markets and benefit the Company by exposing it to a wide range of private and institutional investors. The dual primary listing of the Shares in Hong Kong is in line with the Group’s focus on its business operations in the People’s Republic of China, which is important for the Group’s potential future growth and long term development.

From CIMB, target price of Techcomp now 83 cents. This is almost 100% upside potential from the current 45 cents.


Reiterate BUY rating, with target price increased to S$0.83,
(previously S$0.55) based on 8x rolling into CY12 P/E to reflect TCH’s
strong industry traction and market expansion strategy (though still at
1/3 the multiples global peers are trading at).

• TCH is severely undervalued despite recent share price
outperformance. TCH offers excellent value at 4.4x CY12 P/E
against 3-year core earnings CAGR forecast of 27.5%. Stock catalysts
could come from: 1) fast-tracked expansion through M&As of key
scientific instruments space; 2) possible listing in other exchanges
could catalyse its share price further, notwithstanding compelling
valuations.