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yabbest, tks for the sharing. cheers!
the books is healthy, vol low compared to others so can easily manipulate. Gd dividend and also mgmt plan to expand abroad market etc.
Concern will be the " hanging" case of the 2 directors being probed by CAD (still no news does not mean no impact later) and also its a family biz, linkages.
I rather go for decent companies like Wee Hur, Lian Beng etc. No offence, just sharing my thoughts so prospective investors will know more insights about Tee.
I think the coming EGM will be getting shareholder mandate for share buy back. if approve, and once company buy back shares, I think hard ot get below 30ct...cos they are giving good div...0.006+0.0125+0.005ct per share. that's only my view.
As I mentioned in my earlier posts. The dividend yield is attracting interest and the stock was close to its 52 week low.
Sure can make money here, though it has gone up a bit fast. Cheers.
any latest of the 2 directors probed by CAD?
commando Senior | Posted: 19-Sep-2012 17:22 |
 x 0  x 0 | slowly but surely going up...hopefully 30ct next week...good div. |
slowly but surely going up...hopefully 30ct next week...good div.
MIIF another 10% div yield counter
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_9509783F4868739248257A5300588FE5/$file/MIIF1H12Release.pdf?openelement