Techcomp

  • Yanhe
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11 years 8 months ago #10317 by Yanhe
Replied by Yanhe on topic Re:Techcomp
In HK, the stock closed today at 3.100 HKD.
1H result will be released soon. Hope for the best!

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  • Guest
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11 years 8 months ago #10320 by Guest
Replied by Guest on topic Re:Re:Techcomp
waiting for my shares to be in HK registrar... :) was told that it will take about 1 month....

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  • Yanhe
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11 years 8 months ago #10338 by Yanhe
Replied by Yanhe on topic Re:Techcomp
3.140 HKD closing today + HKD0.040.

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

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  • Tanya
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11 years 8 months ago - 11 years 8 months ago #10426 by Tanya
Replied by Tanya on topic Re:Techcomp
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
Last edit: 11 years 8 months ago by niadmin. Reason: formatting

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  • Wendy
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11 years 8 months ago #10430 by Wendy
Replied by Wendy on topic Re:Techcomp
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?

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11 years 8 months ago #10432 by MacGyver
Replied by MacGyver on topic Re: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.
 
 
 

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