TeckWah

[SLC81]

FY2010 result is out with 2% profit down for the year, EPS is still at 5.3 cents but H2 performance is bad. Even the company managed to bring in 15 Millions last year and still in the net cash position of 40 Mil after paying almost 40% for dividend ..etc

But do take note of the following that may reduce the profit margin in the coming year.
1) Raw materials (oil price)
2) Labor cost (salary hike post crisis/CPF 0.5 percent )

Hoo Bee Investment took the chance of low price to scoop up 1% of company shares last few days