Last year i bought tekseng at 0.40 only, after reading a report from a research firms. at that time they gave it TP1.20, 300% potential gain. but unfortunately, i sold it long before it reach TP 1.20. you can't take all the cake all the time :D
Good inputs noobnnew, hope someone can ask during the EGM/AGM and post the reply here.
FY15 capex is a large number of ~RM160mil, that is 45% of revenue. The debt is high but the operating cash flow still in positive region for the pass few years. Acid ratio is 0.57 in FY15, but TekSeng operate in <1 acid ratio for years. This had shown their management capability in the cash flow.
Lets see what's the outcome from this coming EGM/AGM.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Hiu Chee Keong
390 posts
Posted by Hiu Chee Keong > 2016-05-15 11:54 | Report Abuse
Last year i bought tekseng at 0.40 only, after reading a report from a research firms. at that time they gave it TP1.20, 300% potential gain. but unfortunately, i sold it long before it reach TP 1.20. you can't take all the cake all the time :D