Techcomp

In HK, the stock closed today at 3.100 HKD.
1H result will be released soon. Hope for the best!

waiting for my shares to be in HK registrar... was told that it will take about 1 month....

3.140 HKD closing today + HKD0.040.

In HK, the vol was tremendous at 1,608,000 shares.

I note that Kabouter Fund bought a tonne of shares of Techcomp last week. Its stake in Techcomp has gone up to 12.13 %. Kabouter seems to be a value investor but not a major fund on a global basis. There is an article on them talking about Techcomp:

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

Kabouter is probably a smallish fund. Surprised that it can accumulate so much of Techcomp. What is its Assets Under Management?

Besdies K, any other fund inside Techcomp?

Hi Wendy,
During my last conversation with Gilbert, the CFO last week, he told me that there are at least 8 funds holding shares in the Company. The names of the funds were not disclosed to me as this is non-public information.
This explains the low liquidity.
I understand from my broker in Hong Kong that Standard Chartered mopped up 2 million shares from open market after their HK analyst wrote a visit note on Techcomp.
Kayhian (Shanghai) also wrote a note on the Company though I have not seen it yet.
 
BTW, Kabouter is a micro-fund by US standards but not really a smallish fund by Singapore standards. I have a friend who invested with them and their AUM should be around USD 300-500 million. Their best investment in Singapore to date is Thomson Medical Centre which I believe they made more than 100% returns in 2 years.