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Thakral Corporation Ltd. - Changes business direction -------------------------------------------------------------------------------- Tan Jin San, 20 May 2008 Electronics distributor Thakral is changing its business direction – it will invest in real estate and related infrastructure in the Pan Asian region, which includes Australia and New Zealand.
A new management team,restructure its business into real estate ....teh price ll be diff greatly after some anncmnt later on....juz watch it.Volume building up
anyone know why today there a sudden surge in the vol, it seem that someone is selling in mass
rentay ( Date: 06-Feb-2008 14:44) Posted:
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Like they say...
what goes down must come back up...
The only problem is when...
Anyone know of the latest development for Thakral
Care to share ?
very disappointing this stock, being sleeping for very long and somemore keep dropping to that low price when the economy was bad few yrs ago.
What are thakral family and hong leong intent to do with thakral. so long no news on the company direction?
This counter is dead as what you said
Anyone know any latest development for this thakral counter, it is so dead
This company has $114m in cash..My guess is this money will be going into property extremely soon....
We maintain our Hold recommendation on Thakral. The stock is trading near book value of 9.95 cents, and this will cushion any downside. We would prefer to see more visibility in earnings recovery before getting more optimistic. In our view, the stock should not be assessed from an earnings angle at the moment, given the absence of a core business division. Current cash position of circa $114m is a decent war chest.