Techcomp

  • Chen Shiyoung
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11 years 3 months ago #12018 by Chen Shiyoung
Replied by Chen Shiyoung on topic Re:Techcomp
This sounds very negative.
From Techcomp Third Quarter Results Announcement
The recent tense Sino-Japan relations had negatively impacted the Company’s orders received of Japanese products in PRC. Hence, the management expects the sales of Japanese products in the fourth quarter of the year will be adversely affected.
Given that a significant portion of our distribution products are Japanese products and the Group’s revenue in fourth quarter of the year is traditionally much higher than that of other quarters of the year due to the seasonal pattern of its customers’ demand in PRC, we expect the revenue as well as the profitability of our distribution business will be adversely affected in FY2012. The Company’s distribution business will continue to be affected in the event that the negative sentiment persists. The Group is taking steps to mitigate this impact by diversifying its supply chain.
Though more enquires from the Europe customers were received currently, the Group believes the trading condition in Europe market will remain challenging. The Group will continue to leverage on its low cost manufacturing base in the PRC to achieve cost savings and operational synergy for its operations in Europe.

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11 years 4 weeks ago - 10 years 11 months ago #13024 by springpig
Replied by springpig on topic Re:Techcomp
looks like it has been beaten up by Mr. Market recently...
and I noticed interesting buy/sell queue today:

buy vol:  50
buy price:  0.285
sell price:  0.300
sell vol:   756
Vol. transacted:   0
Last edit: 10 years 11 months ago by niadmin.

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10 years 11 months ago #13529 by niadmin
Replied by niadmin on topic Re:Techcomp
HK research firm Core Pacific Yamaichi has a sell rating on Techcomp. The report can be found here: stock.stockstar.com/JC2013030400002713.shtml

NextInsight has an article on the research report:
www.nextinsight.net/index.php/story-arch...an-woes-lenovo-a-buy

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10 years 11 months ago #13532 by pine
Replied by pine on topic Re:Techcomp
If I am not wrong, Techcomp has been able to grow its revenue in double-digit % every year for a long long period. The consistency has been broken in 2012. They also had to stop paying a dividend. In stock investing, the lesson here is --- when things look good year in, year out, don't get lulled into thinking the business can continue to roll forward. Techcomp will recover in 2013? Probably not, so for now it's best to wait patiently for a good price to enter at.
The following user(s) said Thank You: Joes

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10 years 9 months ago #14008 by yeng
Replied by yeng on topic Re:Techcomp
Look out for an old favourite, TECHCOMP. Recovered already to 29 cents. :woohoo:

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10 years 7 months ago #14993 by pine
Replied by pine on topic Re:Techcomp
Techcomp is recovering in line with HK prices. However, it is lagging far behind as it is 33 cents in SG but 38 cents equiv in HK.

Techcomp has jumped from HK1.60 to HK2.30 in the last 4 weeks. :-)

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