Wednesday, November 4, 2009

TSM Global

A reader left me a very good suggestion. TSM Global is in automotive industry which has been bashed down very badly. Another company with ROE of around 18-20% but selling at distressed level PE multiple of 3 - 4 times. Another good weekend assignment suggestion.

Shien Yang said...
why dont you check out TSM Global.The stock is only selling at cash level.The business is profitable and it is growing.

3 comments:

Wedding Gifts, Favours, Bells... said...

wats your idea of HUAAN? can disect the numbers of HUAAN?

Boon2008 said...

TSM Global seems financially strong, making profit over the past 6 years, its net cash is already around RM2.15, and i value the share at RM7.
I have no idea why it is trading at such a low price? Also, i can't find any analyst for this company, can you?

Shien Yang said...

I think nobody cover the stock.
there are a lot of low hanging fruits for the management to execute in order to prop up the share price, e.g. share buy back, special dividend, be more pro-active in investor relation activity