Posts: 136
Threads: 1
Joined: Nov 2010
Reputation:
7
Its balance sheet is very strong.
35% of current share price is backed by cash (14 cts per share)
Its total debts at $12 mil implies a gearing of 10%, pretty low.
NTA is 52 cts (maybe higher if Pixel Red is revalued)
Current total share of 233 mil looks small coupled with small daily trading volume may explain why fund houses are not paying attention to Teckwah.
Posts: 2,966
Threads: 71
Joined: Sep 2010
Reputation:
52
Based on its long track record, Teckwah is not a company that spends on capex anyhow. Because of its extremely low land cost, and extra long 30 + 29 years land lease, Teckwah's investment in its new HQ building - Pixel Red - in Tai Seng has already created quite a lot of extra wealth for the company and its shareholders. This is the same situation for its new factories in Iskandar, since Teckwah bought the land over some 3 years ago.
Posts: 8,305
Threads: 496
Joined: Jul 2011
Reputation:
60
SME SPOTLIGHT
Teckwah goes for the total package
Many traditional businesses in Singapore are finding it harder to survive amid a challenging business environment. But some have found ways to innovate and stand out from the crowd. In the second of a four-part series, The Straits Times speaks to Teckwah Industrial Corp, a print and packaging business providing marketing, not just manufacturing, solutions to deal with rising competition in the packaging sector.
Posts: 76
Threads: 10
Joined: Apr 2013
Reputation:
1
Techwah seems to be doing many things at once
Finding the Value in a Speculative World
Homepage
PR Newswire
