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.
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....
fazil
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Posted by fazil > 2021-11-25 12:21 | Report Abuse
sharks not interested in this counter, volumme or liquidity very low...we stuck at 40ish sen..