I'm wondering how the 1st half 2011 result will be like..
1st half is seasonally weak, and Japan disaster may give some impact to the earning of the distribution business(the JV with Hitachi)?
If their earning is still growing well compared to 1H2010... then.....
@MacGyver: What's your take on 1H2011 result? any prediction of the numbers?
Firstly, I was surprised that the Company had not been dual listed yet. What caused the delay?
Need to find out from the management when they are in Singapore.
Secondly, I believe the listing costs will hit their interim results. Hence, I am expecting the interim results to be lower. But if you take out the listing costs, the results should be decent growth.
Thirdly, the PE of this Company is ridiculous. Companies like these are trading at 18-25x PE in Hong Kong, USA and Europe. But less than 10x in Singapore. I put this down to the poor understanding of their business by Singapore investors and the lack of liquidity in this market.
I believe the market will adjust itself once the HK investos start to take notice of this stock.
Hey MacGyver, very good evening to u. It's nice to see your posting again.++ So Chelsea could only manage a 1-0 win over Malaysia & now they are in Thailand playing Kitchee tomorrow before moving on to Hong Kong? Oh, sorry, back to business again.++Yes, Techcomp seems like an illiquid stock since your posting & i've put this in my watchlist.++To me, Techcomp seems to be a manufacturer of specialised medical equipment & perhaps our investors don't favour because of our small markets??? Or, maybe,perhaps, electronic sector is the worst performer as compared to oil & gas sector this year, so i think that oil & gas related companies e.g. like PEC & Ship-builder companies e.g. like STX-OSV are the among the common favourites for investors. What do u think? What's your take on these 2 counters? Thanks & have a nice day.