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(14-01-2014, 12:25 AM)HoHo Wrote: (14-01-2014, 12:00 AM)Cloudman Wrote: (13-01-2014, 11:40 PM)HoHo Wrote: Cloudman, i strongly believe that you either don't have a good understanding of teckwah's business or wrong judgement, i can assure you, evey segment of teckwah's business have very strong growth potential. Please go and read more indepth into teckwah's different business segments.
@ Hoho...Just out of curiosity...how well do you understand Teckwah's business? Sometimes reading from published news may not always tell the whole story. To each his own.....
Mark my word, and i only say it once, this man Thomas Chua will be the next Steve Jobs. They are truly visionary men.
I believe most forum buddies here are more interested on the ground for the statement, rather than merely "words from HoHo".
So presenting the ground for the view, is a much more effective way to let others "mark your words", IMO
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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So far Teckwah is slowly but surely building up its net cash position and slowly expanding.
May take a couple of years before that is returned to shareholders which will be the catalyst to push it up.
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Teckwah last done (12:58:55) at $0.41, up $0.02 or 5.1% from yesterday's close at $0.39, backed by a relatively higher volume of 368 lots so far.
It looks like Mr Market has convincingly breached the important $0.40 mark for Teckwah, and the counter is poised to advance further towards its justified fair value over time, driven by improved short-to-medium term economic fundamentals, including enhanced business growth potential and profitability, and the extra value created by the company's new HQ property "Pixel Red".
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This afternoon Teckwah has again hit its 2-year high of $0.42 - first hit on 14Apr, and again yesterday (22Apr) - but when compared with its latest (as at 31Dec13) NAV/share of $0.5259 (itself a very conservative number, as it does not reflect even the fair CMV of the soon-TOP Pixel Red factory project), it does appear that Mr Market is still unwilling to attach a fair valuation on this prime-name counter.