10.2.08

TAN CHONG MOTOR HOLDINGS BERHAD (TCHONG)

TCHONG has been in the limelight for quite some time already. Accumulated revenue up to 3Q this FY was less than last year. However, one thing to notice is that its profit is on up trend. Compare accumulated profit until 3Q this FY and last years', you can clearly see that it has surpassed last years' whole year earning. That is a clear sign that its profit margin is improved.
Dividend-wise, it might matched last years' dividend. 5 sen. 4Q result is schedule to be announce on 22 February.
Its share price has started its down trend starting from mid-Nov 2007. It tried to recover in January this year, however, the price couldn't sustain.
Here is the result.

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