TS has good cash flow, good dividend @8% & main business focus on non woven products which is in high demand in the market, price it's very bottom right now. Stock price valuation is around 80 to 95 cents. Hopefully Sharks or operator will buy up in big volume. next qtr will hit high profit with high dividend as well.
Can do dollar averaging,... buy more, get better dividend yield..7.5 to 8 % peranum..i don't care the price go up or down, it's manipulation..by contra players . Tek Seng business is good, they are running full steam due to the mask is in demand. i expect the next year dividend will be good...remember, when sharks starts to accumulated this share counter , you will not get this price anymore.
According to Simply Wallstreet, the fair intrinsic value of Tek Seng share lies at 0.66. So, it's 36.1% undervalued. It is also considered undervalued with a PE ratio of 6.9 and PB ratio of 0.7, while the chemical market average PE and PB are 16.1 and 1.3. Good luck with your trading.
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Posted by vision912 > 2021-11-24 17:03 | Report Abuse
wonder why the price is trading so low when the company still showing good profit and also got nice dividend...any sifus here?