Monday, September 6, 2010

TSH

TSH +6% to $0.175 on active trade. For 1H10, the group reported 144% jump in revenue to $28.3m due to new acquired consumer electronics business while net profit soared 142% to $2.7m. Stock trading at 0.9x P/B with annualized 7x P/E. Murmurs of it being a takeover target surfacing but we are unable to verify it.

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